Investment surge in Chisinau: High-tech and medical tourism drive hotel demand
The Republic of Moldova’s hospitality market is entering a decisive phase of consolidation and expansion. According to the latest Real Estate Market Evolution Study by the Investment Agency, the nation’s infrastructure is currently anchored by five 5-star luxury hotels and 32 four-star establishments, totaling approximately 1,450 premium rooms.
The capital city, Chisinau, continues to dominate the landscape, hosting 74% of the country’s total capacity. This concentration highlights a strategic opportunity for geographic diversification as the National Tourism Office reports a robust peak occupancy rate of 80% across the existing 120 hotels and 57 leisure complexes.
Strategic investment drivers
The sector is pivoting toward specialized niches. New developments such as the Chisinau Hi-Tech Park and various commercial medical projects are generating unprecedented demand for adjacent accommodation. Beyond the luxury tier, there is a clear market gap for 2-star and 3-star hotels situated near multipurpose hubs like the Chisinau Arena.
Unprecedented visitor influx
Official data from the National Bureau of Statistics reveals a significant upward trend. Last year, Moldova welcomed over 90,000 visitors, a 34% increase compared to 2024. The majority of these arrivals were day-trippers focused on leisure and recreation, signaling a need for expanded short-stay infrastructure.
In 2025, travel agencies serviced 604,000 tourists—a 9% year-on-year growth. Total stays in professional accommodation units (hotels and villas) reached 525,100, marking an 11% rise from the previous year’s 474,200 visitors. This steady trajectory positions the Moldovan hotel industry as a high-potential target for modernization and functional integration.
Translation by Iurie Tataru
