Developer Lordship has announced that Architekti A B.K.P.Š. has won an architectural competition for a new mixed-use building on Špitálska Street in Bratislava. The jury concluded that the studio's proposal most convincingly restores the missing section of the street frontage while respecting the architecture of the Prior department store and Hotel Kyjev complex. The competition was organised as part of Lordship's broader Arteria project, which covers the regeneration of Hotel Kyjev, surrounding residential buildings and public spaces in this part of Bratislava's city centre.

Wave Hotels, a new company within the Green House Development group, is entering the Polish hospitality market with a focus on acquiring existing hotels and resorts. The venture is led by Adam Sadowski and Andrzej Spychalski, who plan to draw on Green House Development's investment and development experience, alongside the operational expertise of group companies Green House HM and Solarento. Wave Hotels will also offer independent hotel owners professional management services, support in increasing revenue and assistance with optimising operating costs.

AYA Properties Fund and Curtis Group have signed a 20-year lease with Numa for the residential portion of Chmielna 13A, known as Diana, in central Warsaw. The agreement marks Numa's first signing in Poland, with the opening planned for the first half of 2027.

Danubius Hotels is adding a new property to its portfolio in Budapest. From 1 October 2026, the current H2 Hotel Budapest will operate under the name Danubius Hotel District V, bringing the chain's total number of hotels to 17. The 157-room city-centre property is located in Budapest's fifth district, close to St Stephen's Basilica, the Hungarian Parliament Building and the Chain Bridge.

Bucharest's hotel market recorded revenue per available room (RevPAR) growth of 5% in the first half of 2026 compared with the same period in 2025, and 25.2% above pre-pandemic levels, according to Cushman & Wakefield Echinox. The performance is underpinning a development pipeline of more than 1,500 new rooms expected to enter the market by 2028, equivalent to approximately 13% of existing hotel stock, spanning segments from midscale to luxury.

More than 90% of European investors plan to maintain or increase their capital allocation to hotel assets this year, according to CBRE's European Hotel Investor Intentions Survey 2026, conducted among more than 70 institutional and private investors between February and March 2026. Around 31% expect a significant increase, with favourable total return prospects cited as the primary driver by a third of respondents. Prague has risen in the rankings to share 7th place among Europe's most attractive cities for hotel investment, alongside Copenhagen, Rome, Geneva and Athens.

Hotel Erzsébet City Center Budapest has opened as Hungary's first property under the Radisson Individuals brand, marking the brand's debut in the country. The 126-room hotel is situated on Károly Street in Budapest's District V and offers guests walking access to Váci Street, the Great Market Hall, Dohány Street Synagogue, the Hungarian National Museum and the Danube Promenade. The hotel is approximately 30 minutes by car from Budapest Ferenc Liszt International Airport.

Poland's hotel market has entered a phase of stable growth after several years of post-pandemic recovery. More than 2,600 hotels are currently operating in the country, with the number of available beds rising from 321,000 to 334,700 between 2024 and 2025, a 4.3 per cent year-on-year increase. As of March 2026, 263 hotels operated under 58 brands belonging to 17 international chains. "After several years of recovery, the Polish hotel market has entered a phase of stable growth. Demand remains strong, while hotels continue to improve their operating performance. Investor activity is robust, and alongside new projects and the expansion of international brands, the modernisation and repositioning of existing properties are becoming increasingly important," said Katarzyna Tencza, Transaction Director at Walter Herz.

Recorde Forestay High Street Hotel & Residence Real Estate Development Investment Fund and Erste Bank Hungary have signed a credit facility agreement worth approximately €35 million to finance the hotel development of Váci Utca Center in Budapest's 5th District.

Mercure Hotels & Resorts has opened the Mercure Oradea, its first property in the city. The 90-room hotel is situated in the western part of Oradea, providing access to the historic city centre, the Oradea Arena and the city's main business districts. The project was developed with a €15 million investment under a franchise agreement with local partner Grand Hotel West, a company with a background in hospitality and restaurant services in the city. The hotel is operated by Spark Hospitality, a hotel management company active in Romania and international markets, specialising in lifestyle hotels and resorts.