Radisson Hotel Group plans large expansion in Romania

21
May
2025
News - Radisson Hotel Group plans large expansion in Romania #Elie Younes #hotel #Radisson #Romania

by Property Forum | Hotel

Radisson Hotel Group has announced a raft of new developments in Romania, as it sees the country as a pivotal market for growth. 


A key highlight is the upcoming Radisson RED Bucharest Old Town, slated to open in 2027. The project will transform a 1940s office building into a 104-room hotel, blending modern amenities with historical charm in the heart of Old Town. 

It will mark the first Radisson RED property in Romania and the fourth Radisson Hotel Group establishment in Bucharest. The hotel will feature a restaurant, bar, co-working lounge, outdoor terrace, and versatile meeting spaces.

Elie Younes, Executive Vice President & Chief Development Office, said: “Romania is a dynamic and rapidly growing market for hotel development. The country's recent accession to the Schengen Area is expected to boost travel, trade, and tourism by eliminating border controls and facilitating easier movement of capital. This development, combined with Romania's size, rich cultural heritage, stunning landscapes, and vibrant cities, makes it a candidate for focused growth.”

Further enhancing its diverse offerings, the group will introduce the Radisson Blu Grand Mountain Resort, Brașov, opening in early 2027. The resort will include luxury accommodations, spa treatments, gourmet dining, and activities like hiking, skiing, and mountain biking.

Additionally, the Radisson Blu Resort & Residences, Mamaia, set for a 2028 opening, promises to elevate the luxury travel experience on the Black Sea coast with 234 hotel rooms and 102 branded residences. 

Another highly anticipated development is the Radisson Lagoon Hotel Bucharest, featuring 323 rooms, a spa, an exclusive sandy beach, and access to a 10,000 sqm lagoon within Bucharest’s Central District Lagoon City.

At present, the group’s portfolio in Romania comprises the Radisson Blu Hotel and the Park Inn by Radisson Bucharest Hotel & Residence with a combined 659 rooms. Across the country, the company’s network includes the Radisson Blu Hotel, Cluj, and the Radisson Blu Aurum Hotel, Brașov.




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  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • 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.

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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