Marriott International has added a new hotel to its global portfolio with the opening of Dorothea Hotel, Budapest, Autograph Collection. The new luxury hotel is located in Budapest’s District V and offers 216 rooms and suits.

Radisson Hotel Budapest BudaPart, the first upscale Radisson branded hotel in Hungary has opened its doors in the vibrant Újbuda district. This hotel serves both as a retreat as well as a business hub and offers new bar and restaurant options for locals and overnight guests.

The Zleep Hotels brand continues its international growth in Europe with the opening of the new 166-room Zleep Hotel in Prague, Deutsche Hospitality's first hotel in the Czech Republic. The hotel opened its doors in the new Waltrovka quarter in the southwest of the Czech capital just a few minutes walk to Radlicka metro station

Chinese developer and investor group Xanga has been progressing with its new hotel project in Debrecen reaching the highest point of the building. Ibis Styles Debrecen Airport will offer 73 rooms and 20 suits and is expected to open in the second half of 2025.

The first Mondrian Hotel in Bucharest will be opened by Ennismore in central Bucharest following a deal with Romanian developer One United Properties.

A new Mercure hotel comprising 121 rooms has opened in Sibiu, which will operate under a 10-year management contract between Accor and local investor Compa Sibiu.

Luxury hospitality group Hyatt is planning the development of its first hotel in Romania as part of its expansion into CEE. The company is looking to develop an upper scale hotel in Bucharest with around 200 rooms.

Half of the hotel investors in CEE already address ESG in their transaction due diligence, and 40% are in the process of including it, says Cushman & Wakefield in their newest report.

Hilton has announced plans to open Italy’s first LXR Hotels & Resorts property, following a franchise agreement with Romanian group Pavăl Holding and Apex Alliance.

Is the hotel market in CEE coming back strongly? According to the participants of a panel discussion at the CEE Property Forum 2023, the answer is „definitely yes”. The event took place at the end of September in Vienna.