ARTICLES IN Hotel TOPIC

08
Apr
2021

Accor adds Romanian hotel to Mercure chain

by Property Forum
Hotel chain Accor has signed a management contract with the owner of Binderbubi Hotel & Spa in Mediaș. As part of the agreement signed with local company Daflog, the hotel will be the seventh in Romania to join the Mercure network. 
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06
Apr
2021

Nordis Group plans leisure hotel chain in Romania

by Property Forum
Local developer Nordis Group aims to increase its presence in the hotel business and attract more investors. The company has invested in two projects with high tourism potential in the mountains and the seaside.
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31
Mar
2021

B&B Hotels allocates €180 million to development

by Property Forum
The B&B Hotels Group secured its financial situation by acquiring €180 million, of which €100 million are funds from the launched bank loan, and €80 million is the result of a capital increase. This will allow the implementation of new development plans in Europe and in the world. Additional funds will be allocated to the continuation of acquisitions and construction of new hotels in the next 5 to 10 years, also in Poland.
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31
Mar
2021

Radisson announces COVID-19 testing program for guests and events

by Property Forum
Radisson Hotel Group is launching a rapid testing service for meeting and event attendees at properties across its EMEA portfolio. The testing program builds on the Radisson Hotels Safety Protocol launched in 2020. In addition, upon full implementation of the program every hotel will be able to provide guests with the option to visit an easily accessible and affordable PCR testing location, either at the hotel site or in its vicinity.
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26
Mar
2021

Hotel market in Bucharest starts to recover

by Property Forum
Considering the market history before the pandemic period, Colliers consultants are optimistic about the capacity of the market to recover and that the investors’ interest in this market will again come back in time, though the next few years will certainly prove difficult ones.
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25
Mar
2021

Zeus International buys three hotels in Bucharest

by Property Forum
Zeus International Group has bought three hotels in Bucharest in a cross-border share deal from Alpha Real Estate Services (ARES), a member of Alpha Bank Group.
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18
Mar
2021

Are Poland’s leisure hotels pandemic-proof?

by Property Forum
According to analyses by JLL, Poles return to hotels in holiday resorts more willingly than in the spring 2020. Business hotels are still waiting for guests.
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18
Mar
2021

BudaPart in Budapest to continue with hotel development

by Property Forum
The construction of a new building in the BudaPart mixed-use project in Budapest has started. As Mihály Schrancz, Managing Director of developer Property Market Kft., said earlier in an interview with Portfolio in December, the company has signed an agreement with the Radisson chain for a mixed-use development comprising a four-star hotel and office space. The Radisson Hotel Budapest BudaPart, to be built as part of the BudaPart Downtown project, will be operated by the Radisson Hotel Group international chain.
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11
Mar
2021

Hotel transaction volume down 87% in Romania

by Property Forum
In Romania, the hotel transaction volume reached about €9.5 million in 2020, down 87% from approximately €75 million in 2019, Cushman & Wakefield Echinox data shows.
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10
Mar
2021

Hampton by Hilton to open two new hotels in Poland

by Property Forum
The Hilton hotel network has unveiled plans to open two new Hampton by Hilton hotels in Poland, following the signing of two franchise agreements.
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Latest news


New leases

  • CA Immo has leased 1,400 sqm of office space in the Missouri Park office building, currently under construction in Prague 8 – Karlín, to law firm Allen & Overy.
  • DSV Solutions, an international logistics services provider has extended its current contract at Panattoni Park Sosnowiec I and expanded its leased area by another 2,750 sqm. JLL represented DSV Solutions during negotiations.
  • Kingfisher, the owner of the Castorama DIY chain in Poland, has leased space in the 7R City Flex Warsaw Airport logistics centre in Warsaw. The centre comprises of three buildings close to Warsaw’s Chopin Airport. The area leased has not been disclosed. The deal was negotiated by Cushman and Wakefield.

New appointments

  • Gábor Gratzl has reinforced the WING team as Business Development and Transaction Manager since February 2021. Prior to his current position, he worked as a senior investment advisor for the CBRE Hungary Capital Markets Consulting team for more than five years.
  • Jana Prokopová has been appointed Leasing & Asset Director for the Czech Republic at Skanska‘s Commercial Development business unit.
  • Karolina Furmańska has joined the Consulting & Research team of Cushman & Wakefield Poland as a Senior Residential Analyst with responsibility for advisory to PRS clients. Prior to joining C&W, she was a member of JLL’s Living Investment Team, which was responsible for transaction advisory comprising rental apartments, purpose-built student accommodation, co-living and other income-producing assets in the residential sector.


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