ARTICLES IN Hotel  TOPIC

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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News Forestay and Recorde invest in student accommodation in Budapest
23
Jul
2024

Forestay and Recorde invest in student accommodation in Budapest

by Property Forum
Recorde Asset Management, the real estate fund management arm of Concorde Group, in close strategic cooperation with Forestay Group, is investing in the Móricz Student Living student residence and office building.  
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News Radisson opens new hotel in Kraków
23
Jul
2024

Radisson opens new hotel in Kraków

by Property Forum
The Radisson RED Hotel & Radisson RED Apartments hotel opened in Kraków’s Unity Centre. The property features 229 rooms, along with 46 extended-stay apartments located in a separate building.
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News Wing’s Tribe Budapest Airport Hotel to open in 2025
16
Jul
2024

Wing’s Tribe Budapest Airport Hotel to open in 2025

by Property Forum
Wing will open next year a new 4-star hotel with direct terminal access to the Budapest Liszt Ferenc International Airport. The hotel will be operated under a management agreement with Accor.
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News Melea Hotel gets first LEED hospitality certification in Hungary
09
Jul
2024

Melea Hotel gets first LEED hospitality certification in Hungary

by Property Forum
The Melea – The Health Concept in Sárvár has become the first building in Hungary to receive the LEED BD+C: Hospitality certification, with the Gold status. The project was assisted by Colliers ESG Team in the certification process.
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News First villa project under Radisson brand to open in Romania
01
Jul
2024

First villa project under Radisson brand to open in Romania

by Property Forum
Grand Development, founded by Romanian entrepreneur Ionuț Nicolescu, has closed a partnership with Radisson Hotel Group for the opening of its first five-star villas resort in Romania, near Brașov.
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News Premier Hospitality named operator of Ramada Sibiu Hotel
19
Jun
2024

Premier Hospitality named operator of Ramada Sibiu Hotel

by Property Forum
Romanian hospitality consultancy Premier Hospitality has been appointed operator of the Ramada Sibiu Hotel under a lease agreement that will run for 20 years.
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Latest news


New leases

  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.
  • DHL Express Romania has opened its new operational center at VGP Park Bucharest North in Ștefăneștii de Jos, marking the company's first carbon-neutral facility in the country, following a €5 million investment The 4,130 sqm facility includes 3,604 sqm of warehouse space and 526 sqm of offices, with a maximum sorting capacity of 2,800 items per hour.
  • Industrial developer CTP announced that Moemax, part of the XXXLutz Group, has signed a lease for a 5,300 sqm logistics unit at CTPark Bucharest South.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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