Tuesday, 16 December 2025
Cushman & Wakefield Echinox has completed the sale of the Zenith Conference & Spa hotel in Mamaia to the owners of Steaua de Mare Hotels & Resorts, a hospitality group based in Eforie Nord. The asset was previously owned by the RC2 investment fund and Antares Management, a company controlled by Dumitru Becșenescu.
The transaction was managed by the Capital Markets division of Cushman & Wakefield Echinox, led by Mihaela Pană, Partner, Private Investments, and Cristi Moga, Head of Capital Markets.
Located on the seafront in the central-north area of Mamaia, Zenith Conference & Spa is a four-star hotel comprising 295 rooms. The property offers accommodation alongside wellness facilities, an outdoor pool, direct beach access and conference spaces. The asset also includes a beachfront plot of land without construction, allowing for potential future development.
“This transaction highlights the growing interest in seaside hotel assets and contributes significantly to the revitalisation and development of the tourism sector. The Romanian seaside has strong potential to become an attractive, year-round destination,” said Mihaela Pană, Partner, Private Investments at Cushman & Wakefield Echinox.
“Moreover, the Romanian hotel market is undergoing rapid expansion, with a significant number of new projects in Bucharest and the main tourist hotspots. The sector continues to be dominated by local players, who possess in-depth knowledge of the local market,” she added.
The Mamaia–Constanța area currently hosts more than 340 accommodation units, including over 100 hotels, alongside boutique villas and serviced apartments. The resort offers tens of thousands of beds, approximately 10,000 of which are operated by hotels.
