ARTICLES IN Hotel TOPIC

News Orbis to sell two Polish hotels
20
Feb
2017

Orbis to sell two Polish hotels

by Ákos Budai
Orbis has concluded a preliminary agreement for the sale of two Polish hotels, Mercure Jelenia Góra and Mercure Karpacz Resort for a total net price of app. €6.1 million (PLN26.5 million) to an individual investor.
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News Orbis enters Bosnia-Herzegovina
16
Feb
2017

Orbis enters Bosnia-Herzegovina

by Ákos Budai
In accordance with its development strategy, Orbis Group enters Bosnia and Herzegovina with signature of a franchise agreement for MGallery by Sofitel Tarcin Forest Resort & Spa in Sarajevo region, Bosnia. The investor of the hotel is Tarcin International Development Company d.o.o. 
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News Accor buys Sofitel Budapest Chain Bridge
09
Feb
2017

Accor buys Sofitel Budapest Chain Bridge

by Ákos Budai
Accor, the majority shareholder of Orbis, exercised its buy-out option right over the Sofitel Budapest Chain Bridge hotel, located in Budapest, with a buy-out date of 31 May 2017. The value of the transaction has been estimated at €44 million.
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News Deutsche Hospitality to open its first CEE hotel in Budapest
31
Jan
2017

Deutsche Hospitality to open its first CEE hotel in Budapest

by Ákos Budai
Deutsche Hospitality’s first hotel CEE hotel is set to open in by 2019. IntercityHotel Budapest will be located in a newly constructed building in forint of the City’s Eastern Railway Station (Keleti pályaudvar). It will have 300 rooms, a restaurant, a bar, a conference area and an underground car park with 200 spaces. 
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News Hilton to introduce new brand in Budapest by 2018
26
Jan
2017

Hilton to introduce new brand in Budapest by 2018

by Ákos Budai
Hilton has reached a franchise agreement with Accent Hotel Management to open Hilton Garden Inn Budapest City Centre. The 214-guestroom hotel is set to become Hilton’s third hotel in Budapest by 2018.
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News W Hotels Worldwide to open W Budapest by 2020
18
Jan
2017

W Hotels Worldwide to open W Budapest by 2020

by Ákos Budai
W Hotels Worldwide, part of Marriott International, announced an agreement with QPR Properties Kft, part of Constellation Hotels Holding Ltd., to debut the W Hotels brand in Hungary with the opening of W Budapest. Located on Andrássy Road, the hotel will be situated directly across from the State Opera House, businesswire.com reports.
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News KPMG projects 2,000 new hotel rooms in Hungary by 2018
03
Jan
2017

KPMG projects 2,000 new hotel rooms in Hungary by 2018

by Ákos Budai
Hotel capacities in Hungary will grow by approximately 2,000 rooms over the next two years, which corresponds to 4,000 new hotel beds, so Hungary and in particular Budapest will be prepared to meet the tourism challenges of coming years, according to KPMG's latest analysis. 
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News Christie & Co markets hotel sites in Slovenian ski resort
18
Nov
2016

Christie & Co markets hotel sites in Slovenian ski resort

by Ákos Budai
On behalf of the owner, Christie & Co markets for sale a hotel development site in the Slovenian ski region on mount Krvavec, 25 km north of Slovenia’s capital Ljubljana.
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News Warsaw’s Europejski Hotel set to open in 2017
18
Nov
2016

Warsaw’s Europejski Hotel set to open in 2017

by Ákos Budai
A new luxury destination is taking shape in the Polish retail market with the opening of Europejski Hotel. The capital is to see the completion of the renovation and redevelopment of one of Warsaw’s most recognized buildings with 160 years of history. The 2,700 sqm of ground floor retail area will feature boutique units. Cushman & Wakefield is responsible for commercialisation of the scheme.
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News CEE hotel investment market is booming
16
Nov
2016

CEE hotel investment market is booming

by Ákos Budai
Hotel investment activity in CEE – from the Adriatic Coast to the Baltic Sea – has been booming in the second half of 2016, with numerous hotel properties being on the market and several transactions taking place, as hotel property specialist Christie & Co reports.
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Latest news


New leases

  • On 12th October, a new service office will open in the historic Stary Dworzec building in Katowice. The Cluster Stary Dworzec spaces will occupy 2,000 sqm of space.
  • A supermarket chain Dealz has joined the tenants of Galeria Bemowo in Warsaw. The new tenant occupies a unit of approximately 480 sq m, on the ground floor of the shopping centre.
  • Polish interior design brand Dekoria has concluded a lease agreement for premises at Homepark Janki near Warsaw. The space occupied by the company is 133 sqm.

New appointments

  • Rafał Bochenek has been appointed to the position of Associate Director, Land Acquisition Manager at the Polish branch of Savills. He will work closely with the firm’s industrial agency and investment advisory team to strengthen its Industrial Services Hub, which delivers services to tenants, investors and developers of logistics properties
  • Robert Skládal joins Cushman & Wakefield as a partner in the retail leasing team and will lead the team focused on shopping centres.
  • JLL in Prague announces the appointment of Milan Kilik as its new Head of Office Agency for the Czech Republic as of beginning of October 2022.


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