New ibis hotel in Bucharest to open in Q3 2020

28
Nov
2018
News - New ibis hotel in Bucharest to open in Q3 2020 #AccorHotels #Bucharest #development #hotel #ibis #Orbis #Romania

by Property Forum | Hotel

Orbis Hotel Group, a strategic partner of AccorHotels, continues its expansion in Romania by signing a management contract for ibis Politehnica Hotel in Bucharest with its partner and investor Novum Business Services SRL.


ibis Bucharest Politehnica is expected to be open in Q3 2020, offering 160 rooms, restaurant, bar, conference facilities as well as own parking on site.
 
The newly-built hotel will be located in the Centre West part of the capital, identifying itself with the Orhideea area, the Basarab Passage and the surroundings of the Grozăveşti metro stations, Petrache Poenaru and Politehnica, forming the future office centre of Bucharest.
 
“With the opening of ibis Bucharest Politehnica we are further developing the existing AccorHotels portfolio, consisting of 11 properties currently in Romania, having a strong pipeline for the years to come in the capital, as well as in key regional cities across the country,” said Frank Reul, Head of Development of Orbis & AccorHotels in Eastern Europe.
Frank Reul

Frank Reul

Head of Development
Orbis / Accorhotels Eastern Europe

Frank is the current Head of Development of Orbis / Accorhotels Eastern Europe. He has extensive experience in hotel management and operations. He started his career in 1988 in Brussels and Bruges in Belgium in senior operational roles at AccorHotels. He quickly got promoted to Director of Food and Beverage at the Novotel Sheremetyevo-2 in Moscow, Russia in 1992. After spending three years in Moscow he moved back to London and began his ten-year-long career in the United Kingdom at AccorHotels. He started at one of the busiest airport’s Novotel, at the Heathrow as an Operations Manager. He then held several General Manager positions across the United Kingdom: Novotel Preston, Novotel Southampton, Novotel Milton Keynes, Novotel Bristol Centre. In 2006 he moved to Turkey, where he directed and managed one of the key hotels in Istanbul, the Novotel Istanbul. He then spent two years as a General Manager at Novotel Trabzon. After more than 20 years of service at AccorHotels he was appointed to Area General Manager for Lithuania, Latvia and Estonia, and since 2014, he is the Area General Manager for Romania, Bulgaria and Macedonia where he oversees operations and development including development in the Balkans and Croatia. He is fluent in Dutch, English, French and speaks German as well. He is an avid fan of history, wines and the Arsenal. More »
The hotel will be next to the largest Politehnica University in Romania (UPB), welcoming students from all around the country and the world for more than 200 years, organizing several international events connected with the field of the University. ibis Bucharest Politehnica will be just on the right hand side from the main entrance in the Campus from Splaiul Independentei.



Latest news


New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.


Latest news

News - Moody's upgrades CTP credit rating with stable outlook
15
May
2026

Moody's upgrades CTP credit rating with stable outlook

by Property Forum
Industrial developer CTP announced that Moody's Ratings has upgraded CTP's long-term issuer rating and senior unsecured rating to Baa2 with a stable outlook from Baa3 with a positive outlook.
Read more >
News - Last call for Prague Property Forum 2026: Check who'll be there
15
May
2026

Last call for Prague Property Forum 2026: Check who'll be there

by Property Forum
From macro trends and investment strategy to housing affordability, operational efficiency and lender appetite, Prague Property Forum 2026 will bring together many of the market’s most active investors, developers, lenders and advisers on May 18th at the Cubex Centre Prague.
Read more >
News - Bucharest office market sees more lease deals in Q1 2026
14
May
2026

Bucharest office market sees more lease deals in Q1 2026

by Property Forum
Leasing transactions for modern office space in Bucharest increased by 14% in Q1 2026 compared to the same period last year, while new demand rose by 24%. However, the market remains below pre-pandemic levels, according to Colliers data.
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