Hilton Expands Into Moldova with €5 Million Investment
The international Hilton brand is set to debut in the Republic of Moldova’s hospitality market by opening its first hotel in Chișinău in a significant boost to the country’s HORECA industry.
The project by Hilton Garden Inn will involve an extensive reconstruction of the historic Dacia Hotel building, located in the historic center of the capital. The transformation will involve expanding and modernizing the structure to meet Hilton standards, providing guests with premium accommodation. The grand opening of the newly renovated hotel is anticipated in 2026.
The local investment in the franchise project starts with an initial allocation of €5 million, with projections to reach €10 to 12 million in the coming years. The Dacia Hotel already employs dozens of people, and its integration into the Hilton chain will create opportunities for professional development and staff expansion.
”We are confident that this project will be a success and will provide top-quality services to tourists, whether they come from abroad or from Moldova,” adds Iulia Scurtu, manager of the the Dacia Hotel.