Romanian hotel management company, Aro Palace, signed a letter of intent with Hyatt to franchise Aro Palace Hotel in Brașov, making it Romania's first Hyatt property.

Aro Palace SA, the company managing hotels in Brasov, has announced their first step towards striking a franchise agreement with international hotel group Hyatt for the Aro Palace Hotel. The Aro Hotel in Brașov will become Romania's first Hyatt property upon the completion of the franchise agreement. Aro Palace SA, which is partially owned by Transylvania Investments, will integrate the Aro Palace Hotel into Hyatt's international hotel family, operating under the name "Hyatt Regency, Aro Palace Brașov."

February 16, 2024
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