The European hospitality industry is bracing for shifts in transatlantic travel dynamics, as declining U.S. visitor flows threaten key tourism markets, according to Colliers’ latest EMEA Hospitality report.

French real estate group Catinvest has appointed Win Advisors as Administrator of Aparthotel Craiova, which was inaugurated earlier this year within ElectroPutere Parc in Craiova, following a €12 million investment.

Romanian property holding Meta Estate Trust has purchased four villas within the Radisson Blu Grand Mountain Resort Brașov, currently under development, in a deal worth €1.52 million.

The iconic Budapest Marriott Hotel, a landmark on the Danube River, has been acquired by a Hungarian consortium comprising BDPST Group and Diorit Private Equity Fund, managed by Gránit Asset Management, for an undisclosed sum.

Olala! is strengthening its strategic expansion in the Romanian market with the acquisition of two hotels located in central Bucharest – Hotel Duke Romană and Hotel Duke Armenească – in a €5 million transaction.

Czech-founded real estate developer Lordship has received an important decision for the Hotel Kyjev, which has been an integral part of the centre of Bratislava since 1973, reports Yimba.sk. 

Tribe, part of the Accor hospitality group, opened in mid-May its second hotel in Hungary, near the Budapest airport.

Construction work is underway on the 5-star Mearl Hotel in Kołobrzeg on the Polish Baltic coast. The hotel, which is being built right on the beach, will be one of the most luxurious offerings in Pomerania, with 369 high-standard rooms, a spa centre and a range of premium solutions such as a designer club, a cigar smoking room and a sky bar overlooking the sea. The planned opening date is mid-2026.

Forestay Group has organised a topping-out ceremony of the Moxy Budapest Downtown, a 283-room hotel set to open in spring 2026 on Budapest's historic Kazinczy Street. 

Radisson Hotel Group has announced a raft of new developments in Romania, as it sees the country as a pivotal market for growth.