ARTICLES IN Hotel TOPIC

18
Mar
2021

Are Poland’s leisure hotels pandemic-proof?

by Property Forum
According to analyses by JLL, Poles return to hotels in holiday resorts more willingly than in the spring 2020. Business hotels are still waiting for guests.
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18
Mar
2021

BudaPart in Budapest to continue with hotel development

by Property Forum
The construction of a new building in the BudaPart mixed-use project in Budapest has started. As Mihály Schrancz, Managing Director of developer Property Market Kft., said earlier in an interview with Portfolio in December, the company has signed an agreement with the Radisson chain for a mixed-use development comprising a four-star hotel and office space. The Radisson Hotel Budapest BudaPart, to be built as part of the BudaPart Downtown project, will be operated by the Radisson Hotel Group international chain.
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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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Latest news


New leases

  • Axi Immo decided to renew its office leases in Warsaw and Katowice. The leased area in Warsaw has remained unchanged while the Silesian office at Muchowiec Active Park has been enlarged. Both venues have been modified in order to meet the strictest safety standards and accommodate a hybrid working model.
  • Raben Logistics Polska has moved into Panattoni Park Gdańsk Airport. The logistics operator will make use of a number of solutions dedicated to specialised logistic operations, which are to be conducted on 7,560 sqm of warehouse space.
  • 108 Agency has leased 900 sqm of industrial space to Czech logistic company HRAL in Pilsen Borská pole and the new pick-up point for IKEA was opened there.

New appointments

  • Adrian Bojczuk has joined Tétris' Polish office to take on the newly created position – EMEA Investors and Landlords Client Development Director. He will work closely with the management and business development teams in each country, as well as with the JLL Investor team in EMEA.
  • Savills has strengthened its Office Agency in Poland with the appointment of Marcin Sabowicz and its Industrial Agency with Adam Włochyński.
  • Skanska has named Aurelia Luca as Executive Vice President for Operations in Hungary and Romania. She has previously managed the Romanian operations of the developer. Luca has more than 20 years’ worth of experience in real estate.


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