ARTICLES IN Hotel TOPIC

14
Feb
2019

Belgrade Waterfront tower receives building permit

by Property Forum
Serbia's Ministry of Construction, Transport and Infrastructure has issued a permit for the construction of the Kula Belgrade tower to Belgrade Waterfront, the developer of the Serbian capital’s largest real estate project, local media reports.
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31
Jan
2019

a&o Hostels to enter in Poland in 2019

by Property Forum
By opening its first hostel in Poland’s capital Warsaw, Berlin-based budget group a&o is set to expand its portfolio to 35 hostels, 22 cities, and seven countries. The former office building in the central district of Wola will have over 200 rooms and 600 beds, and will open in Q3 2019.
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17
Jan
2019

ConvergenCE to build Budapest hotel

by Property Forum
The largest privately owned hostel-chain in Europe a&o Group will open its first quarters in Budapest in 2019. The German group creates a modern hostel by simultaneously restoring and transforming a historic property into a 108-room hostel. ConvergenCE is to lead the complete reconstruction of the selected property in Csengery Street.
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03
Jan
2019

Wing sells Budapest office building to B&B Hotels

by Property Forum
Wing has sold the Angyal (Angel) office building, set adjacent to Boráros Square in Central Budapest, to French economy hotel chain B&B Hotels. The building will be converted to a hotel based on the two companies’ strategic agreement, and become B&B Hotels’ first hotel in Hungary, with Wing taking on development tasks. The first B&B Hotels location in Hungary set to open on 7,700 sqm.
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10
Dec
2018

New investors target CEE’s hotel market

by Property Forum
The CEE hotel sector continues to boom, with investment levels expected to exceed €800 million by the end of 2018. This marks a slight decline compared to last year’s volumes. The primary reason for that is the lack of prime assets and portfolios on the market that could satisfy investors’ongoing appetite for hotels in key CEE cities. Institutional and listed investors are becoming more dominant, accounting for 74% of total transaction volume in 2017 and 54% in the first three quarters of 2018. The changing consumer trends and evolution of accommodation concepts over the recent years have resulted in a blurring of lines between traditional hotel classes. These are the findings of the first edition of the joint Cushman & Wakefield – CMS report on the hotel Investment scene in CEE and its underlying investment trends.
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10
Dec
2018

Colliers brokers new deal for Hyatt in Albania

by Property Forum
Advised by Colliers International’s UK Hospitality Asset Management team and the local Colliers office in Albania, Hyatt Hotels Corporation has announced a management agreement with Kastrati Hotels & Tower for the first Hyatt-branded hotel in Albania.
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03
Dec
2018

New Radisson Collection hotel to open in Budapest

by Property Forum
The Radisson Hotel Group announced the signing of a new property to Radisson Collection in Budapest, Hungary. With 71 guest rooms and suites, a first-class fitness center, restaurant, lobby bar and a further rooftop bar the hotel will open in mid-2020.
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28
Nov
2018

New ibis hotel in Bucharest to open in Q3 2020

by Property Forum
Orbis Hotel Group, a strategic partner of AccorHotels, continues its expansion in Romania by signing a management contract for ibis Politehnica Hotel in Bucharest with its partner and investor Novum Business Services SRL.
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21
Nov
2018

Hostel chain a&o to enter Budapest

by Property Forum
Europe’s largest privately owned hostel chain, a&o is set to open its first property in Budapest. The company has been searching for suitable properties for a year and found the right building in the vibrant part of the 7th district, at Csengery street, with the help of Cresa
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12
Nov
2018

NYX Hotel to open at Varso Place

by Property Forum
In 2020 Poland’s first NYX Hotel will open in the middle of the three Varso Place buildings HB Reavis is developing. It will occupy almost 20,000 sqm of space on fifteen floors. The four-star hotel will offer 331 rooms.
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