ARTICLES IN Hotel TOPIC

28
Sep
2017

Hyatt announces plans for Párisi Udvar Hotel in Budapest

by Property Forum
Hyatt Hotels Corporation announced plans for the Párisi Udvar Hotel in Budapest, joining Hôtel du Louvre in Paris as the second hotel in Europe for The Unbound Collection by Hyatt and third outside of the U.S. Hyatt has entered into a franchise agreement with Párizs Property Kft for the project, which will see Párisi Udvar in downtown Budapest converted into an upper-upscale 110-room hotel. The hotel will feature 18 suites, including 2 presidential suites. The Párisi Udvar Hotel is expected to open in 2018 and will be managed by Mellow Mood Hotels.
Read more >
28
Sep
2017

Poland’s hotel market expands rapidly

by Property Forum
In recent years, Poland's hotel market has shown continuous overall growth and has seen extensive investment. The number of hotels has almost doubled in the past ten years, predominantly due to Poland's opportunity to co-host the UEFA Euro 2012 with Ukraine. Between 2012 and 2016 alone, the number of hotels increased from 2,014 to 2,463, a 22% increase. Hotel property adviser Christie & Co analysed the Polish hotel market.
Read more >
27
Sep
2017

Radisson Blue Hotel to open in Brasov in 2019

by Property Forum
Construction works on the new Radisson Blue Hotel in Brasov are soon to start and are scheduled to be completed by 2019. The five-star hotel will have 110 rooms, zf.ro reports.
Read more >
13
Sep
2017

Revetas Capital to buy Radisson Blu Bucharest for €177 million

by Property Forum
Revetas Capital, an investment fund founded and managed by an American real estate broker Eric Assimakopoulos, is close to buying the Radisson Blu Bucharest hotel for €177.5 million, according to market sources. If completed, this will become the largest transaction on the Romanian property market in recent years.
Read more >
30
Aug
2017

Hilton Garden Inn Bucharest Old Town to open this year

by Ákos Budai
The first Hilton Garden Inn hotel in Romania is to be opened by end-2017 in Bucharest. The 201-room hotel will be located within an historic listed building in the city centre. Hilton Garden Inn Bucharest Old Town will be administered by hotel management company Apex Alliance Hotel Management.
Read more >
23
Aug
2017

New brands to enter the Romanian hotel market

by Ákos Budai
The hotel market in Romania could become more diverse throughout the next year as a result of new brands entering the market by means of leasing or partnership contracts with real estate developers as an alternative to the management or franchise contracts. Such a business model will lead to the relaunch of the hotel market and will offer, at the same time, the possibility for real estate developers to diversify their portfolio, according to Colliers International. 
Read more >
21
Aug
2017

Orbis to open new ibis Styles hotel in Bucharest

by Ákos Budai
Polish hotel group Orbis, the CEE partner of French group AccorHotels, has signed a management contract with local company Constructii Erbasu S.A. for an ibis Styles hotel in the northern part Bucharest.
Read more >
14
Aug
2017

CEE hotel investment market set to outperform 2016

by Ákos Budai
The volume of hotel transactions achieved in the first half of 2017 was more than €700 million with 34 transactions recorded in core CEE markets. In comparison, 2016 achieved just over €630 million with 20 transactions in the same period, which means an 11% yearly increase. To compare, the western markets experienced just 0.3%. Cushman & Wakefield predicts the year 2017 to outperform the strong results of 2016.
Read more >
29
Jun
2017

CPI Property Group to expand in České Budějovice

by Ákos Budai
CPI Property Group has introduced a project for the expansion of the Clarion Congress Hotel in České Budějovice, with extensions to hotel rooms and a brand a new multi-purpose hall. Investor confidence in the locality is strong, this year in České Budějovice, nearby the hotel, the Group will be completing the extensive reconstruction and brand new addition of the IGY shopping centre. The Group also owns and operates the Géčko shopping centre in České Budějovice.
Read more >
06
Jun
2017

Warimpex closes sale of 8 CEE hotels to Thai investor

by Ákos Budai
In February, Warimpex announced the sale of a portfolio of eight hotels to the Thai investor U City. On 31 May, the transaction was successfully closed. Warimpex has taken advantage of this positive momentum on the CEE hotel investment market with this portfolio deal and is set to strengthen its capital structure and to position itself for new development projects.
Read more >

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Milan, Germany, Bucharest, Budapest, Belgrade, Bratislava and Prague.
MORE >

FORUMS

CONTACT

NEWSLETTER

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017     Terms & conditions | Privacy policy