IHG Hotels & Resorts expands in Romania

05
Jul
2023
News - IHG Hotels & Resorts expands in Romania #Athénée Palace Bucharest #Crowne Plaza Bucharest #Holiday Inn Bucharest-Times #hotel #Hotel Indigo Satu Mare #IHG Hotels & Resorts #Romania #Willemijn Geels

by Property Forum | Hotel

Hospitality company IHG Hotels & Resorts has marked the launch of its lifestyle brand in Romania through the singing of the Hotel Indigo Satu Mare. The new hotel will open in 2025 and will join IHG’s network in Romania which includes Intercontinental Athénée Palace Bucharest, Crowne Plaza Bucharest, and Holiday Inn Bucharest-Times. 


Hotel Indigo Satu Mare will comprise 62 design-led rooms and suites and will feature a locally inspired restaurant, stylish cocktail bar and a spa. In addition, the hotel’s façade is one of the most iconic aspects of the city’s skyline, with architecture dating back to 1902. Hotel Indigo Satu Mare will be operated by Hotel & More, a Hungarian hotel operator with an extensive experience in the hotel sector and in the region. 

“This new signing marks the beginning of a new partnership in Romania; to have introduced another brand to this growing market is an exciting milestone and we are so proud to be redeveloping one of the country’s most iconic hotels,” said Willemijn Geels, VP Development, Europe at IHG Hotels & Resorts.

The company mentioned in a release that Romania is one of the fastest growing economies in the CEE, presenting plentiful opportunity for hotel development and investment.




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New leases

  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
  • Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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