ARTICLES IN Hotel  TOPIC

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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News Budapest’s Four Seasons Hotel secures €50m refinancing
20
Oct
2016

Budapest’s Four Seasons Hotel secures €50m refinancing

by Ákos Budai
Cushman & Wakefield’s EMEA structured finance team has secured a €50+ million refinancing for Budapest’s Four Seasons Hotel Gresham Palace on behalf of SAS Holding Kft, the owner of the hotel building.
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News Chinese investor buys Dubrovnik luxury resort
29
Sep
2016

Chinese investor buys Dubrovnik luxury resort

by Ákos Budai
The Real Estate Workout department of Erste Group Bank AG, has concluded the sale of the luxury resort Radisson Blu Resort & Spa Sun Gardens to a Chinese investor under the terms of a share deal. The property – one of the largest hotel complexes in Croatia – enjoys a prime beachside location in Dubrovnik.
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News Airport hotel development starts in Budapest
07
Sep
2016

Airport hotel development starts in Budapest

by Ákos Budai
The time capsule of the first hotel in Hungary with direct terminal access was placed at Ferenc Liszt International Airport this week. The 145-room ibis Styles Budapest Airport Hotel featuring conference facilities is scheduled for completion in 18 months.
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News Brno’s Courtyard Marriott Hotel set to open this autumn
22
Aug
2016

Brno’s Courtyard Marriott Hotel set to open this autumn

by Ákos Budai
The opening of the Courtyard Marriott Hotel in Brno, Czech Republic, built by CTP at Spielberk has been set to take place in the autumn. 
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News Polish hospitality market continues to grow
24
Jun
2016

Polish hospitality market continues to grow

by Ákos Budai
There is a positive outlook of stable growth for the Polish hospitality market as the country’s hotels continue to attract both domestic and foreign tourists. Warsaw remains one of the most popular destinations, especially for business travel, with 139 hotels offering over 15,000 rooms. Cushman & Wakefield has published its latest report.
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News Unprecedented optimism in the Hungarian hotel market
13
Apr
2016

Unprecedented optimism in the Hungarian hotel market

by Ákos Budai
The Hungarian hotel market is characterised by optimism, which can be observed in both the development and investment markets. Investors in Budapest are planning to begin multiple projects, the capital will soon be see projects with some 600-800 five star and 1000-2000 four or fewer star rooms. Several projects are likely to manifest in the countryside too, where booking and income-profit indicators show a significant increase and provide developers with motivation.
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Latest news


New leases

  • Rossmann drugstore, Itaka travel agency and Świat Pierogów restaurant have joined the group of tenants at the Silwana retail park in Gorzów Wielkopolski. The premises leased by Rossmann will cover an area of 550 sqm, while Świat Pierogów will occupy a space of 65 sqm.
  • CCC and HalfPrice are joining the tenants of Pasaż Ciechanowski. The brands will occupy a total of more than 2,500 sqm. The opening of the retail park in Ciechanów is scheduled for the fourth quarter of 2025.
  • The Media Expert chain has joined the group of tenants at Nowa Sukcesja. The electromarket will occupy an area of over 900 sqm in the Łódź facility. The opening of Nowa Sukcesja is planned for the fourth quarter of 2024.

New appointments

  • Gellért Berkes has been appointed as Head of Property Management at ConvergenCE. He has been a member of the real estate development team for two and a half years. He has nearly 15 years of professional real estate experience.
  • MLP Group has announced that Tomasz Zabost has resigned as a member of the management board with immediate effect, without stating the reasons for his resignation. He became a member of MLP Group's management board in January 2015.
  • Aleksander Loster has been appointed as Director in Savills Poland investment team, headed by Mark Richardson since 2023. In his new role, he will be responsible for working with international investment funds during the sale and acquisition of retail, industrial, warehouse and alternative assets.

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