New luxury hotels set to open in Romania and Australia


Lucy Ingham
Lucy Ingham
Head of Content
Lucy is Head of Content overseeing all content and taking deep dives into the trends and data driving changes in payments. Previously, Lucy worked as a technology journalist and editor,… Read more
  • The Romanian market is set to witness the arrival of global hospitality giant Hyatt.
  • Meanwhile, Pro-invest Group and IHG Hotels & Resorts are making waves in the luxury hotel industry with their exciting new opening in Australia: Hotel Indigo Sydney Potts Point.
  • Wealthy individuals should ensure that they use a safe mode of money transfer when paying for luxury hotel stays.

Two new luxury hotels are set to open in Romania and Australia aimed at attracting high net-worth individuals (HNWIs); the global hospitality giant Hyatt is making strategic moves to expand its presence in Eastern Europe and IHG Hotels & Resorts is set to open Hotel Indigo in Sydney, Australia.

With a focus on the Romanian market, Hyatt is set to open an upper-scale hotel in Bucharest. The hotel is set to feature 200 rooms and full-service amenities.

This hotel will serve as the foundation for building the Hyatt brand in Romania, allowing for infrastructure development, deep engagement with the local market and access to local talent.

Hyatt has identified Romania as a highly attractive market for expansion, and by partnering with strong local businesses – as it did in Bulgaria – it aims to achieve long-term success in the country.

The company’s current portfolio features 13 exclusive properties in the region, and it has plans for six more hotels in the next three years.

As opportunities for sizeable hotels in downtown Bucharest are rare and typically offered through franchise models, Hyatt has set its sights on developing a full-service, upper-upscale hotel under its direct management, serving as a cornerstone for high-end travel experiences.

International HNWIs looking to experience the pinnacle of luxury at these new establishments will need access to a secure money transfer service when making global business transfers.

With the constant economic growth in Central and Eastern Europe, international hotel brands have abundant opportunities to tap into the region as both a source of demand and a destination.

Meanwhile, Pro-invest Group and IHG Hotels & Resorts are making a significant impact in the hotel industry in Australia with their highly anticipated collaboration: Hotel Indigo Sydney Potts Point.

This project brings together Pro-invest Group’s expertise in hotel investments and IHG’s renowned brand and hospitality services.

With the launch of Hotel Indigo Sydney Potts Point, a neighbourhood-inspired global boutique brand, in Sydney, travellers can look forward to a truly unique and immersive experience in the heart of the city.

The project marks a significant milestone in the ongoing revitalisation of the Kings Cross neighbourhood, drawing inspiration from its vibrant and eclectic atmosphere.

Wealthy travellers can read money transfer reviews to help determine which luxury hotels they wish to stay in.

HNWIs can use our online money transfer comparison tool to find the best exchange rates.

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