ARTICLES IN Hotel TOPIC

12
Jan
2018

Airport hotel opens in Budapest

by Property Forum
The 145-room ibis Styles Budapest Airport Hotel, the first airport hotel in Hungary with a direct terminal connection, constructed in a development project by Wing, opened for business at the beginning of January. The 6,600 sqm hotel is located approximately 200 m from Terminal 2, and is connected to it by a covered walkway.
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11
Jan
2018

Holiday Inn Warsaw City Centre opens

by Property Forum
Intercontinental Hotels Group announced the opening of Holiday Inn Warsaw City Centre. Located on the border of Śródmieście and Wola at the junction of Żelazna, Złota and Twarda Streets, the hotel has 256 rooms.
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05
Dec
2017

Rezidor announces new signing in Poland

by Property Forum
The Rezidor Hotel Group announced the recent signings of six new hotels – expanding its momentum growth in capitals and primary strategic locations in Poland, Cameroon, Georgia, Saudi Arabia and Lebanon
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26
Oct
2017

Orbis Group introduces new brand in Eastern Europe

by Property Forum
Orbis is launching Aparthotels Adagio - a new aparthotel brand on the Eastern European market. Enlarging the brand portfolio by adding Aparthotels Adagio, Orbis Group is diversifying its network development and enters the city-centre apartment market as a development acceleration lever.
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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.
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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.
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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.
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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.
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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.
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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. 
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