News - Mandarin Oriental Group to open luxury hotel in Budapest
21
Dec
2023

Mandarin Oriental Group to open luxury hotel in Budapest

by Property Forum
Mandarin Oriental Hotel Group has announced a new luxury hotel opening, following the renovation and rebranding of the former Gellért Hotel in Budapest. The renamed Mandarin Oriental Gellert Budapest is expected to open in 2027 with a focus on wellness.
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News - Poland's hotel market bounces back
19
Dec
2023

Poland's hotel market bounces back

by Property Forum
According to Cushman & Wakefield’s latest report, the Polish hotel market is seeing a steady increase in demand and key performance indicators. These positive trends are expected to continue into 2024, with a recovery in the number of international guest nights in Polish hotels. In the long term, the market will increasingly focus on hotel retrofitting and implementing modern technological and ESG solutions.
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News - Bratislava issues approval for mixed-use project by RETEP
19
Dec
2023

Bratislava issues approval for mixed-use project by RETEP

by Property Forum
In Bratislava´s Ružinov district, between Gagarinova, Mierová and Brodná streets, the construction of the Polyfunkčný objekt Mierová is planned, reports YIMBA.sk. This mixed-use project is being prepared by the developer RETEP, which has received a binding opinion from the city.
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News - Accor plans new hotel openings in CEE during 2024
15
Dec
2023

Accor plans new hotel openings in CEE during 2024

by Property Forum
Hospitality group Accor plans to open more than 90 hotels across Europe, Middle East and Asia during 2024, of which four will be based in CEE markets.
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News - Accor's first dual-branded hotel opens in Budapest
14
Dec
2023

Accor's first dual-branded hotel opens in Budapest

by Property Forum
One of Accor’s fastest-growing hotel brands across Europe, Tribe, opened the doors of its first hotel in Budapest. Together with Ibis, the newly constructed dual-branded hotel is located in Liberty, Wing’s mixed-use project. Ibis & Tribe Budapest Stadium offers 332 hotel rooms, split evenly by the two brands, and a complex set up with various F&B outlets, as well as meeting and fitness facilities.
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News - Kempinki Hotels to start first project in Romania
05
Dec
2023

Kempinki Hotels to start first project in Romania

by Property Forum
Kempinski Hotels unveiled plans for its first 5-star hotel in Romania that will be developed in the Poiana Brașov mountain resort.
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News - New Mövenpick hotel to be built in Gdynia
29
Nov
2023

New Mövenpick hotel to be built in Gdynia

by Property Forum
Accor is partnering with Allenort Group for the new Mövenpick hotel in the heart of Gdynia. The future facility will offer hotel services to tourists and business guests, featuring 176 rooms with a rich F&B offer, conference and banquet halls, a spa with a pool and treatment rooms, as well as underground parking. The investor received business advisory support from the HIDA Company.
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News - Accor and Construcții Erbașu expand hotel deal in Romania
24
Nov
2023

Accor and Construcții Erbașu expand hotel deal in Romania

by Property Forum
Hospitality group Accor and Romanian construction firm Construcții Erbașu have signed hotel management agreements for two new hotels in Bucharest and Oradea. The companies have also extended the current management agreement for ibis Styles Bucharest Erbas.
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News - Marriott International opens Dorothea Hotel Budapest
23
Nov
2023

Marriott International opens Dorothea Hotel Budapest

by Property Forum
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.
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News - Hungary’s first Radisson-branded hotel opens in Budapest
23
Nov
2023

Hungary’s first Radisson-branded hotel opens in Budapest

by Property Forum
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.
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Latest news


New leases

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.

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