ARTICLES IN Hotel TOPIC

18
Nov
2016

Warsaw’s Europejski Hotel set to open in 2017

by Ákos Budai
A new luxury destination is taking shape in the Polish retail market with the opening of Europejski Hotel. The capital is to see the completion of the renovation and redevelopment of one of Warsaw’s most recognized buildings with 160 years of history. The 2,700 sqm of ground floor retail area will feature boutique units. Cushman & Wakefield is responsible for commercialisation of the scheme.
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16
Nov
2016

CEE hotel investment market is booming

by Ákos Budai
Hotel investment activity in CEE – from the Adriatic Coast to the Baltic Sea – has been booming in the second half of 2016, with numerous hotel properties being on the market and several transactions taking place, as hotel property specialist Christie & Co reports.
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20
Oct
2016

Budapest’s Four Seasons Hotel secures €50m refinancing

by Ákos Budai
Cushman & Wakefield’s EMEA structured finance team has secured a €50+ million refinancing for Budapest’s Four Seasons Hotel Gresham Palace on behalf of SAS Holding Kft, the owner of the hotel building.
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29
Sep
2016

Chinese investor buys Dubrovnik luxury resort

by Ákos Budai
The Real Estate Workout department of Erste Group Bank AG, has concluded the sale of the luxury resort Radisson Blu Resort & Spa Sun Gardens to a Chinese investor under the terms of a share deal. The property – one of the largest hotel complexes in Croatia – enjoys a prime beachside location in Dubrovnik.
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07
Sep
2016

Airport hotel development starts in Budapest

by Ákos Budai
The time capsule of the first hotel in Hungary with direct terminal access was placed at Ferenc Liszt International Airport this week. The 145-room ibis Styles Budapest Airport Hotel featuring conference facilities is scheduled for completion in 18 months.
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22
Aug
2016

Brno’s Courtyard Marriott Hotel set to open this autumn

by Ákos Budai
The opening of the Courtyard Marriott Hotel in Brno, Czech Republic, built by CTP at Spielberk has been set to take place in the autumn. 
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24
Jun
2016

Polish hospitality market continues to grow

by Ákos Budai
There is a positive outlook of stable growth for the Polish hospitality market as the country’s hotels continue to attract both domestic and foreign tourists. Warsaw remains one of the most popular destinations, especially for business travel, with 139 hotels offering over 15,000 rooms. Cushman & Wakefield has published its latest report.
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13
Apr
2016

Unprecedented optimism in the Hungarian hotel market

by Ákos Budai
The Hungarian hotel market is characterised by optimism, which can be observed in both the development and investment markets. Investors in Budapest are planning to begin multiple projects, the capital will soon be see projects with some 600-800 five star and 1000-2000 four or fewer star rooms. Several projects are likely to manifest in the countryside too, where booking and income-profit indicators show a significant increase and provide developers with motivation.
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