Hyatt Regency brand enters Romania over regional push

19
Nov
2024
News - Hyatt Regency brand enters Romania over regional push # Brașov #Balkans #hotel #Hyatt Regency #Michel Morauw #Romania #SEE #Takuya Aoyama

by Property Forum | Hotel

Hyatt Hotels Corporation has announced plans to expand in the Balkans region, with five Hyatt Regency hotels and resorts expected to open by 2027.


As part of the expansion in the Balkans region, the company will open Hyatt Regency Aro Palace Brașov, which is being developed by Aro Palace.

Originally opened in 1939 as the most luxurious hotel in the Transylvanian city, the iconic property will be fully refurbished and is expected to welcome guests, members and customers with up to 250 guestrooms in 2027.

“We are confident that the stunning medieval towns and breathtaking nature of Romania will capture the interest of our World of Hyatt members and lead to further growth for Hyatt brands in the country,” says Takuya Aoyama, Vice President Development at Hyatt.

Alongside the development in Romania, Hyatt expects to add Hyatt Regency Zadar in Croatia (2025), Hyatt Regency Tirana in Albania (2026), Hyatt Regency Palase Resort & Spa in Albania (2027) and Hyatt Regency Novi Sad in Serbia (2027).

“The expansion in this region with five Hyatt Regency properties in the next few years is indicative of our ambitious approach. Last year´s opening of the first Hyatt Regency resort and the successful rollout of our Inclusive Collection brands in Bulgaria demonstrate the future growth potential of our leisure and resort brand footprint along the Balkan Peninsula,” says Michel Morauw, the newly appointed Managing Director North, EAME at Hyatt.

Hyatt’s global pipeline stands at more than 135,000 rooms in Q3 2024 and is supported by a strong regional pipeline.




Latest news


New leases

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


Latest news

News - Hotels move closer to the mainstream of real estate investment
09
Mar
2026

Hotels move closer to the mainstream of real estate investment

by Property Forum
Hotels are attracting growing interest from investors across CEE as strong operating performance and rising travel demand improve the sector’s fundamentals. At the same time, liquidity in prime markets and the emergence of new buyer groups are reshaping how hospitality fits within broader real estate portfolios. In an interview with Property Forum, Jakub Stanislav, Head of Investment Properties and Head of CEE Hotels at CBRE Czech Republic, discusses the outlook for hotel investment in 2026, the role of local capital in major transactions and which markets are likely to attract the most attention from investors.
Read more >
News - Royal Town kicks off new phase of resi project in Iași
09
Mar
2026

Royal Town kicks off new phase of resi project in Iași

by Property Forum
Royal Town, the residential project in Iași, has announced a new development phase, with construction of the 12th building set to begin in April 2026.
Read more >
News - ZDR Investments snaps retail projects in Austria
09
Mar
2026

ZDR Investments snaps retail projects in Austria

by Property Forum
Czech investment company ZDR Investments has completed two acquisitions on the Austrian market for its qualified investor fund Zdr Fki. The company acquired the PRO shopping centre in Linz's Urfahr district and Amstetten West retail park in the Mostviertel region for a combined value of €50 million.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy