Pavăl Holding-owned hotel to open in Italy under Hilton brand

24
Oct
2023
News - Pavăl Holding-owned hotel to open in Italy under Hilton brand #Apex Alliance #Hilton #hotel #Italy #Pavăl Holding #Vytautas Drumelis

by Property Forum | Hotel

Hilton has announced plans to open Italy’s first LXR Hotels & Resorts property, following a franchise agreement with Romanian group Pavăl Holding and Apex Alliance.


The new Grand Hotel Gardone Lake Garda, LXR Hotels & Resorts will be managed by Apex Alliance Hotel Management and is slated to open in 2026. The hotel building will be renovated following a multimillion euro investment.

“The reconstruction and conversion of the Grand Hotel into the prestigious luxury LXR brand will transform it into the first internationally branded flagship hotel in the region. The arrival of the branded property will address growing demand in the area, will contribute to the region's development, stimulate tourism, and attract new future investments,” said Vytautas Drumelis, Apex Alliance Partner.

Alongside 160 guest rooms, the hotel will offer two signature restaurants, two bars and a spa featuring indoor and outdoor pools and fitness facilities. Additionally, the hotel will feature 825 sqm of meeting space, including a ballroom and an expansive terrace overlooking the lake.

Hilton currently has more than 40 trading and pipeline hotels in Italy. 




Latest news


New leases

  • Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
  • Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
  • Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


Latest news

News - Echo Group sees strong activity in residential during Q1 2026
27
May
2026

Echo Group sees strong activity in residential during Q1 2026

by Property Forum
Polish developer Echo Group has strengthened its liquidity framework in the first quarter of 2026, capitalising on the divestment of fully leased commercial assets. The capital raised from these sales will directly fund the company's pipeline of new office developments in central Warsaw. At the end of Q1, Echo Group reported total assets of PLN 6.5 billion (€1.53 billion).
Read more >
News - Czech market sees emerging role in data centres development
27
May
2026

Czech market sees emerging role in data centres development

by Property Forum
The rapidly growing European data centre market is expected to generate additional demand for approximately 780,000 sqm of logistics space over the next three years across the five major European markets of Frankfurt, London, Amsterdam, Paris, and Dublin, according to a Savills report. There are currently 231 data centres under construction across Europe.
Read more >
News - Data centres set for strong 5-year growth across CEE
27
May
2026

Data centres set for strong 5-year growth across CEE

by Property Forum
The real estate market across CEE is undergoing a profound transformation, adapting to new economic realities, technological progress, and shifting investor priorities. While traditional sectors continue to face pressure from financing costs, inflation, and geopolitical uncertainty, new opportunities are emerging in segments strongly linked to digital transformation and energy transition. Among these, data centres have rapidly become one of the most attractive asset classes for investors seeking long-term growth and resilient returns, writes Vlad Bălan, Director, Advisory, Deloitte Romania.
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