News - Romania's hotel industry posts third-highest EU growth
07
Oct
2025

Romania's hotel industry posts third-highest EU growth

by Property Forum
Romania's hospitality industry recorded a 19% increase in turnover in the first half of 2025, the third largest advance in the European Union after Greece (35%) and Hungary (22%), according to Eurostat data cited by Colliers. Rising room rates have pushed local pricing into line with established CEE markets such as Poland and the Czech Republic, even though the number of overnight stays in hotels almost stagnated, with an increase of less than 4%.
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News - Wing's Budapest hotels obtain green certifications
29
Sep
2025

Wing's Budapest hotels obtain green certifications

by Property Forum
Two hotel developments by Wing, the Ibis & Tribe Budapest Stadium Hotel and the Tribe Budapest Airport Hotel, have obtained BREEAM certification. The dual-branded Stadium Hotel is the first hotel in Hungary to achieve the highest rating, the BREEAM In-Use "Outstanding" category, joining only four hotels worldwide that hold this top-level sustainability certification.
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News - Radisson Blu Bucharest achieves Breeam In-Use Excellent rating
25
Sep
2025

Radisson Blu Bucharest achieves Breeam In-Use Excellent rating

by Property Forum
Radisson Blu Hotel, Bucharest has earned Breeam In-Use Excellent rating for Asset Performance and Management Performance, becoming the first 5-star hotel in Bucharest to reach this level. This independent certification places the hotel among best-practice performers in Romania for building sustainability.
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News - Forestay Group signs dual-brand Marriott deal in Budapest
23
Sep
2025

Forestay Group signs dual-brand Marriott deal in Budapest

by Property Forum
Forestay Group and its financial partner Recorde Asset Management have signed an agreement with Marriott International to open a dual-branded hotel development in Budapest, featuring a Moxy Hotel and Residence Inn by Marriott under one roof.
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News - New hotel opens in Budapest
15
Sep
2025

New hotel opens in Budapest

by Property Forum
The 48-room Leon Hotel & Lounge has opened near the Buda side of Chain Bridge, according to Market Építő, the project's contractor.
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News - Bucharest’s low office costs attract Global Capability Centres
10
Sep
2025

Bucharest’s low office costs attract Global Capability Centres

by Property Forum
Bucharest is emerging as a primary destination for multinational corporations looking to establish Global Capability Centres (GCCs) due to lower office leasing rates and salary costs, finds a study conducted by Savills and CoreNet Global.
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News - Hotel transactions in Romania top €50 million in H1 2025
10
Sep
2025

Hotel transactions in Romania top €50 million in H1 2025

by Property Forum
The Romanian hotel market has recorded deals exceeding €50 million during H1 2025, compared to €35 million recorded in the same period last year, according to a Cushman & Wakefield Echinox report.
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News - Apex Alliance appoints new GM for The Marmorosch Bucharest hotel
09
Sep
2025

Apex Alliance appoints new GM for The Marmorosch Bucharest hotel

by Property Forum
Apex Alliance Hotel Management has appointed Tadas Ėvaltas as the new GM of The Marmorosch Bucharest, Autograph Collection.
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News - Croatia’s hotel market sees steady growth in H1 2025
02
Sep
2025

Croatia’s hotel market sees steady growth in H1 2025

by Property Forum
Croatia’s hotel sector continued to expand in the first half of 2025, supported by rising tourist arrivals and ongoing investment in hospitality infrastructure, according to CBRE’s latest market report.
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News - Romania’s hotel market enters new growth cycle with rising investor interest
20
Aug
2025

Romania’s hotel market enters new growth cycle with rising investor interest

by Property Forum
CBRE has reported almost €1 billion in hotel transactions across Central and South-Eastern Europe over the past year, alongside around 20 operator search and selection processes, according to its Hotels CEE team. Notable transactions included the sale of Hilton Prague, one of the largest single-asset hotel deals recorded in the region.
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Latest news


New leases

  • Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
  • Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
  • Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

ABOUT US

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