ARTICLES IN Hotel  TOPIC

News Hotel Co 51 brings Marriott's second Element hotel to Europe
02
Oct
2024

Hotel Co 51 brings Marriott's second Element hotel to Europe

by Property Forum
Hotel operator Hotel Co 51 has introduced its fifth Marriott brand to its European portfolio with the opening of the Element by Westin® Wrocław - the operator's second Polish property.
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News Moxy Hotels plans new openings in CEE and SEE
26
Sep
2024

Moxy Hotels plans new openings in CEE and SEE

by Property Forum
Moxy Hotels, a part of Marriott Bonvoy’s portfolio, has announced plans to reach the 100-hotel mark in its Europe region by the end of 2025, which will include several openings in CEE/SEE-based cities. 
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News Marriott to open three hotels in Romania by 2029
20
Sep
2024

Marriott to open three hotels in Romania by 2029

by Property Forum
Global hospitality group Marriott International will open three new hotels in Romania in the next five years as part of a partnership with a local investor.
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News Prize by Radisson hotel chain expands in CEE
06
Sep
2024

Prize by Radisson hotel chain expands in CEE

by Property Forum
Radisson Hotel Group has announced the rebranding of prizeotel to Prize by Radisson and its entry in Poland. 
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News Pavăl Holding and Apex Alliance buy Swiss luxury hotel
06
Sep
2024

Pavăl Holding and Apex Alliance buy Swiss luxury hotel

by Property Forum
Pavăl Holding, owned by Romanian Pavăl brothers, and Lithuanian hospitality group Apex Alliance, have jointly purchased Waldhaus Flims Wellness Resort, 5-star hotel complex in Switzerland. 
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News Romania sees more hotel deals under €5 million
26
Aug
2024

Romania sees more hotel deals under €5 million

by Property Forum
Romania’s hotel market has recorded transactions with an average value under €5 million over the past 18 months, according to a Crosspoint Real Estate report. 
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News Bucharest hotel market to add 2,400 rooms by 2026
22
Aug
2024

Bucharest hotel market to add 2,400 rooms by 2026

by Property Forum
Bucharest’s hotel market is set to expand by around 2,400 rooms by 2026, outpacing the estimated growth from other CEE-based capital cities, according to a Cushman & Wakefield report.
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News Bucharest’s short-term rental industry totals €24 million in H1 2024
07
Aug
2024

Bucharest’s short-term rental industry totals €24 million in H1 2024

by Property Forum
Bucharest’s short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report. 
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News Mondrian Bucharest hotel construction kicks off
02
Aug
2024

Mondrian Bucharest hotel construction kicks off

by Property Forum
Romanian developer One United Properties has announced that construction has kicked off at Mondrian Hotel in Bucharest, with completion expected in 2026. 
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News Maistra Hospitality Group secures green loan up to €200 million
29
Jul
2024

Maistra Hospitality Group secures green loan up to €200 million

by Property Forum
Maistra Hospitality Group, Croatia's second-largest tourism player, has obtained a blue and green sustainability-linked loan of up to €200 million, from the International Finance Corporation (IFC), as part of its strategy to boost sustainability operations. 
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Latest news


New leases

  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.
  • A new flagship Stay Fit Gym centre will open this summer in the Palas mixed-use complex, owned by Iulius in the center of Iași. The chain currently includes 52 locations and boasts over 60,000 active members.
  • CCC, a chain of footwear and clothing shops, has opened a two-storey shop of over 1,600 sqm in Warsaw's Promenada gallery

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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