ARTICLES IN Hotel TOPIC

11
Mar
2021

Hotel transaction volume down 87% in Romania

by Property Forum
In Romania, the hotel transaction volume reached about €9.5 million in 2020, down 87% from approximately €75 million in 2019, Cushman & Wakefield Echinox data shows.
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10
Mar
2021

Hampton by Hilton to open two new hotels in Poland

by Property Forum
The Hilton hotel network has unveiled plans to open two new Hampton by Hilton hotels in Poland, following the signing of two franchise agreements.
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10
Mar
2021

Vision Apartments buys former Ramada hotel in Bucharest

by Property Forum
Vision Apartments announced it signed the purchase agreement of the former Ramada Bucharest Majestic Hotel. The company didn't disclose the value of the transaction.
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08
Mar
2021

Athenee Palace Hilton Bucharest undergoes €25 million renovation

by Property Forum
ANA Hotels, a company owned by businessman George Copos, announced an investment of €25 million in the Athenee Palace Hilton hotel in Bucharest.
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04
Mar
2021

Nordis launches new mixed-project in Brașov

by Property Forum
Nordis Group, a real estate developer specialized in the construction of luxury real estate, announces the launch of a new exclusive complex, consisting of a hotel and residential apartments, located in Brașov.
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03
Mar
2021

New Ibis hotel opens in Timișoara after €10 million investment

by Property Forum
Optim Project Management has completed its work on the new 6,715 sqm ibis Timișoara City Center for Hotel Development SA, a company owned by brothers Emil and Marius Cristescu.
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25
Feb
2021

W Budapest Hotel planned to be unveiled in 2022

by Property Forum
Hungarian integrated architecture and building services provider DVM group started the construction works of Drechsler Palace in January 2021 at 25 Andrássy Avenue, Budapest. The monument building, previously home to the Pension Fund of the Hungarian State Railways and the Hungarian State Ballet Institute, is owned by QPR Properties who is transforming the building into the first W Hotel in Hungary, W Budapest.
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17
Feb
2021

Are sustainability certificates for hotels on the rise?

by Property Forum
The topic of sustainability has become one of the most important megatrends of our time. Sustainable construction is also becoming increasingly important in the hotel real estate market, leading to an increase in demand for corresponding certificates in Austria, according to Christie & Co.
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28
Jan
2021

Poland is the primary target for hotel operators in CEE/SEE

by Property Forum
Warsaw, Krakow, Gdansk (Tricity) and Wrocław are among the top ten markets for hotel operators in Central and Eastern Europe and in Southern and Eastern Europe, making Poland the regional leader. Hotel operators are also targeting other regional cities across Poland, says global real estate services firm Cushman & Wakefield.
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27
Jan
2021

Banks continue to finance hotels but are more cautious

by Property Forum
The latest annual report by specialist business property advisor Christie & Co reflects on the themes, activity and challenges of the previous year and forecasts what 2021 might bring across the hotel investment sector in various European countries.
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Latest news


New leases

  • Industrial developer Contera has concluded a contract with Pilsner Urquell for warehouse space measuring 3,676 sqm at Contera Park D1 in Ostrava-Hrušov.
  • 108 Agency has helped secure the lease of 1,600 sqm of industrial space to comic book publishing house Seqoy in Panattoni Park Prague Airport II.
  • M7 Real Estate has announced that it has let a total of 1,605 sqm in Mokotów Plaza to three existing tenants (KDI, Rockwool and Telepizza) under new leases, maintaining the office building as their Polish headquarters. The office now has an occupancy of 81% with an average unexpired lease term of over 7 years.

New appointments

  • Jan Kamoji-Czapiński has joined Colliers' EMEA Location Strategy department, which was launched earlier this year. Jan took up the position of Associate Director and will be responsible for, among others, supporting companies in the development and implementation of location strategies.
  • Prologis Hungary has appointed Adrián Nagy as Facility Manager. Adrián gained a wealth of experience in the real estate, technical and construction sectors while working for BIS Hungary Kft. At Prologis, he is taking on management responsibilities and will report directly to Szilvia Andrelli, Senior Manager for Real Estate & Customer Experience.
  • Gábor Gratzl has reinforced the WING team as Business Development and Transaction Manager since February 2021. Prior to his current position, he worked as a senior investment advisor for the CBRE Hungary Capital Markets Consulting team for more than five years.


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