Phoenicia Grand Hotel opened in September 2005, is one of the largest 4 star hotels in Romania.

The hotel benefits from an ideal location for the business environment and not only for it as it lies in Baneasa area, in the French residential district allowing fast access to the areas of major interest in Bucharest:

- Baneasa International Airport - 3 minutes
- Otopeni International Airport - 10 minutes
- Baneasa Business Center - 3 minutes
- The House of Free Press - 5 minutes
- Economic and political center of Bucharest - Victory Square - 10 minutes
- Romexpo Exhibits Center - 10 minutes

Phoenicia Grand Hotel impresses by its imposing architecture and its structure is through to satisfy all possible requirements of its clients. The hotel provides the following services:

- 348 rooms and luxurious apartments ( 240 single standard rooms, 54 double twin rooms, 14 superior standard rooms, 12 superior twin rooms and 26 apartments: - 21 Junior Apt, 3 Executive Apt, 1 Royal Apt and 1 Presidential Apt)
- 3 restaurants offering International, Romanian and Lebanese food ( Colosseum Restaurant – International cuisine, Kasttane Restaurant – Romanian cuisine and El Bacha Restaurant – Lebanese cuisine).
- 2 bars
- Oriental coffee room
- Patio
- 10 conference halls and meeting rooms
- Casino
- Night club
- Health center
- Commercial galleries
- Beauty salon
- Secured parking for 200 cars