ARTICLES IN Hotel TOPIC

News Accor signs first Tribe hotel in Hungary
03
Aug
2021

Accor signs first Tribe hotel in Hungary

by Property Forum
Accor announced the signing of the first Tribe hotel in Hungary in partnership with local real estate developer Futureal. The 250-room Tribe hotel will open in Budapest at the end of 2023. The project is a major milestone in Futureal’s operation as part of its new business line focusing on hotel developments.
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News Polish hotels count on "revenge demand"
28
Jul
2021

Polish hotels count on "revenge demand"

by Property Forum
The 75% occupancy limit does not mean working at full capacity, but the recovery of the hotel market is driven by the return of holiday travel and stronger demand for hospitality services. Although the industry is facing a number of challenges, hotel owners hold onto their assets, they are reluctant to sell at a discount, believing that business will return to pre-pandemic levels. JLL summarizes the current situation on the Polish hotel market.
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News Wyndham opens new hotel in Budapest
14
Jul
2021

Wyndham opens new hotel in Budapest

by Property Forum
Wyndham Hotels & Resorts announced the opening of H2 Hotel Budapest, Trademark Collection by Wyndham, the latest addition in Wyndham’s portfolio of Trademark properties across Europe and its first property under the Trademark Collection brand in Hungary.
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News Opera Plaza Hotel in Cluj-Napoca sold for €8.1 million
13
Jul
2021

Opera Plaza Hotel in Cluj-Napoca sold for €8.1 million

by Property Forum
The Faculty of Law within Babeș-Bolyai University paid 40 million lei (around €8.1 million) to purchase Opera Plaza Hotel in Cluj-Napoca. The building will serve as the new HQ of the public educational institution. 
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News Eagle Hills completes structural works on Kula Belgrade
09
Jul
2021

Eagle Hills completes structural works on Kula Belgrade

by Property Forum
Belgrade Waterfront developer Eagle Hills has completed structural works on Kula Belgrade. With 168 metres, 42 levels and a total area of about 50,000 sqm, the tower is the tallest building in Serbia and the region.
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News Wing completes B&B Hotel Budapest City
08
Jul
2021

Wing completes B&B Hotel Budapest City

by Property Forum
Wing has completed the first Hungarian unit of B&B Hotels, having converted the former Angyal office building in Boráros Square, on the bank of the Danube in Budapest. The hotel features a restaurant, a bar, a rooftop bar with a view, two meeting rooms, and an underground parking garage with electric charging stations. The new hotel will welcome its first guests in the summer of 2021.
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News Over 2,000 new hotel rooms to be delivered in Romania by 2023
08
Jul
2021

Over 2,000 new hotel rooms to be delivered in Romania by 2023

by Property Forum
The hotel sector in Romania in on the recovery path following the steep drop in demand recorded in 2020 due to lockdown measures designed to contain the pandemic. Despite the health crisis, few projects have been abandoned, while deliveries of new hotels were delayed or postponed. 
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News Radisson adds a second hotel to its Belgrade portfolio
07
Jul
2021

Radisson adds a second hotel to its Belgrade portfolio

by Property Forum
Radisson Hotel Group has announced the opening of Belgrade Art Hotel, a member of Radisson Individuals, located in the heart of the old city. This opening marks the debut of the Radisson Individuals brand, a conversion solution recently launched in Europe in Q4 2020 and complements the existing Radisson Collection Hotel in Serbia's capital city.
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News C&W: Hotel investors return to CEE
01
Jul
2021

C&W: Hotel investors return to CEE

by Property Forum
In 2020, €370 million was transacted in the CEE-6 (Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia) region. This figure was far below initial expectations for the year (€1.8 billion), as many deals were put on hold or withdrawn, and transaction activity initially brought to a near halt as a result of the pandemic. Most of the volume transacted in the last year (87.6%) comprised deals that had already been committed to before the outbreak of the pandemic.
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News Hotels in The Warsaw HUB get WELL Health-Safety Rating
08
Jun
2021

Hotels in The Warsaw HUB get WELL Health-Safety Rating

by Property Forum
The International WELL Building Institute™ (IWBI) has confirmed that the Crowne Plaza and Holiday Inn Express Warsaw - The HUB and conference centre located in The Warsaw HUB complex have been awarded the WELL Health-Safety Rating. They are the first hotels in Europe to receive this certification. Since July last year, nearly 12 thousand objects all over the world have been trying to obtain this certification. As a result, the entire complex of The Warsaw HUB meets the stringent security requirements against COVID-19.
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Latest news


New leases

  • Ekonip Logistics, a company specializing in logistics services for hazardous materials, has decided to lease 9,200 sqm of warehouse and office space at the Logicor logistics park in Mszczonów. AXI IMMO represented the tenant in the transaction.
  • Salzgitter Mannesmann Acélkereskedelmi Kft. has signed another long-term lease agreement in the ZenGarden office building in Budapest. The redesigned workspace will take up over 500 sqm in the building.
  • The New Balance brand has expanded the space of its showroom in Galeria Warmińska in Olsztyn, Poland. The American brand's shop currently occupies an area of almost 200 sqm.

New appointments

  • DLA Piper’s Prague office has appointed a Corporate partner with a focus on technology Tomáš Ščerba, Real Estate partner Michal Hink and Banking, Finance and Restructuring counsel Leo Javorek.
  • Following Magdalena Sekuła's resignation from the Supervisory Board of LPP, and the reduction of the number of Supervisory Board members below the statutory minimum, the Supervisory Board appointed Jagoda Piechocka as a Supervisory Board member.
  • Florin Suicescu has been named COO of Forty Management. With over 30 years of management experience, he has held senior positions in real estate and hotel developments.


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