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.




Latest news


New leases

  • Gaya Studios has 190 sqm in Green Gate office complex, in a deal brokered by Rustler Romania.
  • Kalenda, a Romanian furniture and home décor retailer with nationwide presence, is expanding its operations by leasing 2,500 sqm at Industra Park Iași, a logistics park owned and managed by Oresa Industra.
  • CurryLab, a new dining concept by the owners of IndianTaste, has signed a lease for more than 150 sqm on the ground floor of the NEFRYT residential building in Warsaw. The brand’s fourth location in the city is scheduled to open this summer at SOHO by Yareal.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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