ARTICLES IN Hotel TOPIC

05
Dec
2019

Romanian bank lends €24 million for Bucharest hotel development

by Property Forum
Libra Internet Bank and developer Niro Group have signed a financing agreement worth €24 million for the development of a Swissôtel hotel on Expozitiei Boulevard in northern Bucharest.
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04
Dec
2019

CPI Property Group develops two hotels in Budapest

by Property Forum
With the checkout of the last guest on 4 November 2019 a new era has started in the story of the downtown building which in the past 20 years was known as the four-star Starlight Suiten Hotel Budapest. The new Mamaison Hotel will open its gates expectedly in mid-summer 2020. CPIPG also announced plans for a brand new 3-star property (located between the ex-Starlight and the Four Seasons Gresham Palace.
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20
Nov
2019

Ikea to hand over new hotel in Bucharest’s centre by year-end

by Property Forum
The opening of the Moxy Bucharest Old Town hotel in the historical centre of the capital is planned to take place by the end of 2019.
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14
Oct
2019

Accor to open new hotel in South Buda in 2020

by Property Forum
ibis Styles Budapest Genius in the 11th district of Budapest will welcome first guests in the fall of 2020. According to the recently signed agreement, Accor Pannonia Hotels Zrt. will manage the hotel.
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26
Sep
2019

Radisson Hotel Group signs new resort in Poland

by Property Forum
Radisson Hotel Group announced an agreement with Polish hotel investor Europlan for a new Radisson Blu resort in Poland. Located in Mazury Lakes, the Radisson Blu Resort, Ostroda Mazury Lakes will have its own marina and water park. The new property brings the group´s portfolio in Poland to 19 properties across five brands – including Radisson Collection, Radisson Blu, Radisson RED, Radisson and Park Inn by Radisson – and will strengthen the group´s position as the largest international operator for leisure destinations in Poland.
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26
Sep
2019

Growing demand for Bucharest hotels

by Property Forum
Having benefitted from predominantly business-driven demand in the past, Bucharest is currently establishing itself as a popular tourist destination. The analysis of Christie & Co shows a positive growth trend both in supply and demand, resulting in a continuously improving performance of Bucharest’s hotel market.
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23
Sep
2019

Radisson Blu set to enter Cluj-Napoca

by Property Forum
Radisson Hotel Group has announced the signing of its fourth Radisson Blu property in Romania, the Radisson Blu Hotel, Cluj-Napoca – based in the regional capital of Transylvania. The hotel is to open in spring 2021.
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05
Sep
2019

S+B Gruppe buys Prague hotel from Corinthia

by Property Forum
The hotel investment market is reaching new heights in the Czech Republic with year to date volumes at €530 million and 10 hotel transactions. This is more than a 100% growth compared to the average yearly transaction volume of €250 million, recorded over the past five years.
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25
Jul
2019

Radisson to open two new resorts in Poland

by Property Forum
Radisson Hotel Group announced an agreement with Zdrojowa Invest & Hotels group for two new-build Radisson resorts in Poland. The hotels span the country, from the foothills of the Karkonosze Mountains in Szklarska Poręba to the northern Baltic coast in Kołobrzeg. The hotels will be part of the upscale Radisson brand, bringing the group's portfolio in Poland to 18 properties across five brands – including Radisson Collection, Radisson Blu, Radisson RED, Radisson and Park Inn by Radisson.
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10
Jul
2019

Prague hotel market maintains positive momentum

by Property Forum
Over the last years, the Czech capital on the Vltava river has strengthened its positioning as a city escape favourite among international leisure travellers. Specialist business property adviser Christie & Co’s analysis revealed that although competition on the hotel market is fierce, performance increased over the long run, despite last year’s mixed results.
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