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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  • 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

  • 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.
  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.


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