Marriott International signs new hotel in Croatia

27
Jul
2023
News - Marriott International signs new hotel in Croatia #Croatia #development #hotel #Marriott International #SEE

by Property Forum | Hotel

Marriott International has signed an agreement with Valdarke d.o.o. to bring an Autograph Collection resort to the island of Cres in Croatia.


Expected to open in the second quarter of 2024, the new-build Autograph Collection property in the island of Cres is anticipated to offer 49 rooms and suites, two outdoor pools, a beach area with a bar, various dining options, and a spa.

"We are delighted to announce cooperation with Valdarke d.o.o. to bring the first hotel representing our Autograph Collection brand to the island of Cres. This deal reinforces the demand we’re seeing for international hotel brands in the region as well as the development of Marriott Bonvoy’s resort properties in Croatia. Croatia is a fantastic leisure and business destination, boasting coastal vistas and unrivalled nature,” said Silvija Lovreta, Senior Director South Eastern Europe International Hotel Development, Marriott International.

“Today, I proudly affix my signature to this contract, marking the beginning of an extraordinary chapter for our new hotel on Island Cres. With Autograph Collection's prestigious brand by our side, we are poised to create an unforgettable experience, where every detail reflects our commitment to excellence. Through energy-efficient design, responsible waste management, and local partnerships, we strive to minimize our ecological footprint. We invite travellers to embark on a voyage of exceptional hospitality, where the rare and extraordinary converge. I cannot wait to welcome guests to our Autograph Collection oasis on Island Cres,” stated Nikola Avram, owner of the project at Valdarke d.o.o.

To date, Marriott International’s portfolio in Croatia encompasses five properties in Croatia’s key tourism and business destinations: Sheraton Dubrovnik Riviera, Le Méridien, Lav, Split, AC by Marriott Hotel, Split as well as the Westin Hotel and Sheraton Hotel in Zagreb. Further openings include Opatija Marriott Hotel estimated to welcome guests in 2025 and  Autograph Collection property in Komiza in 2026.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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