Accor expands its portfolio in the Czech Republic and Central Europe. The hospitality group signed a franchise agreement with Fardela Solutions for a new Mövenpick hotel in the country. The new hotel project of will be located in Čeladná, in the Moravian-Silesian Region of the Czech Republic and will welcome its first guests in 2026.
The global hotel chain has signed a franchise agreement with the owner of Magyar Király Hotel in the regional city of Székesfehérvár. Accor wants its new facility, officially Mercure Hotel Magyar Király, to become the number-one hotel in the city. The deal is effective from Q3 2023 and was advised by Moore Hungary.
Romanian entrepreneur Ovidiu Budeanu has signed a franchise agreement with French hotel group Accor for the opening of a new 4-star Mercure Hotel in Bacău.
The French group will open a Mercure hotel in Debrecen, the second-largest city in Hungary. This will be the second destination for the brand outside Budapest.
Wing and Accor have concluded a long-term agreement for a 12,000+ sqm area of the 42,000 sqm Liberty complex. As a result, the office building pursuing the BREEAM Excellent rating has added to its profile a dual-branded hotel under the Ibis and Tribe brands. The hotel part will be located in the landmark South wing and it is expected to be completed in 2023, which means this will be the first Tribe Hotel in Hungary.
Accor has committed to join the Global Tourism Plastics Initiative led by the United Nations Environment Programme (UNEP) and the World Tourism Organization, in collaboration with the Ellen MacArthur Foundation to remove all single-use plastic items in guest experience from its hotels by the end of 2022.
Accor has entered into a binding agreement to sell its 85.8% stake in Orbis to AccorInvest at a price of PLN 115 per share, corresponding to proceeds for Accor of €1.06 billion (PLN 4.55 billion), in line with Orbis’ Gross Asset Value. This completes the Orbis transaction, following the acquisition by Accor of Orbis’ Management and Franchise business last October for €286m.
Libra Internet Bank and developer Niro Group have signed a financing agreement worth €24 million for the development of a Swissôtel hotel on Expozitiei Boulevard in northern Bucharest.
ibis Styles Budapest Genius in the 11th district of Budapest will welcome first guests in the fall of 2020. According to the recently signed agreement, Accor Pannonia Hotels Zrt. will manage the hotel.
Orbis decided on the potential disposal of its service activity (asset light entity) and entered into exclusive negotiations with Accor - proceeding with the Company business model transformation.
Coci E-Motion, a Polish electric bicycle manufacturer, leased over 4,200 square meters of space within City Logistics Warsaw IV in Annopol by Pannatoni. Cushman & Wakefield advised Coci E-Motion during the negotiations.
Another brand from the CCC Group portfolio has joined the tenants of Galeria Sudecka in Jelenia Góra. The new CCC store will occupy 725 sqm of space. Customers can also do their shopping at the new Rossmann drugstore (450 sqm).
The EPP-owned Galaxy shopping centre in Szczecin is strengthening its offer by developing its partnership with HalfPrice. The relaunched showroom now has a wider assortment and larger floor space - about 3,200 sqm.
New appointments
Daniel Rutkowski joined Walter Herz Investment Advisory Department, currently consisting of six people, and took the position of Development Manager. He will be responsible for searching for and acquiring investment projects, developing investment potential analysis and building the value of real estate.
Dariusz Proniewicz has joined MDC2's team of experts to take on the position of Development Director BTS, with responsibility for the development of BTS investments.
Karol Czupryński has joined the management board of Empik. He will take the position of Chief Commercial Officer. Czupryński has previously worked at Allegro, Procter & Gamble and Boston Consulting Group, among others.
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