From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. His responsibilities will include the strategic and operational management of the group's expansion projects. He has more than twenty years of experience in hotel sales, asset management, and business development.

Aparthotel operator Staycity Group and investment firm Solida Capital announced a partnership for the development of a new Staycity Aparthotel in Warsaw, marking Staycity's entry into the Polish market.

Forestay Group and its financial partner Recorde Asset Management have signed an agreement with Marriott International to open a dual-branded hotel development in Budapest, featuring a Moxy Hotel and Residence Inn by Marriott under one roof.

The Radisson RED Hotel & Radisson RED Apartments hotel opened in Kraków’s Unity Centre. The property features 229 rooms, along with 46 extended-stay apartments located in a separate building.

Swiss provider of premium accommodation Visionapartments will open in central Bucharest a 106-room building with a spa following an investment of €23 million. 

Student housing, co-living and hospitality properties continue to shine in the CEE region. Despite some legal discrepancies, heavily undersupplied, they remain the assets sought-after by investors, claim the experts of CEE Property Forum 2022.

The Julius Meinl family has opened a new hospitality project in Prague with 168 accommodation units. Designed by architecture and design firm Matteo Thun & Partners, The Julius Prague has been created to cater for both short and long-term stays. Spacious communal areas, relaxing lounges and professional co-working spaces enable guests to network, meet like-minded people or unplug.

New international hotel chains will appear in Budapest for the first time. Budget hotels will remain competitive. Slow recovery of conference tourism gives some hope to the hospitality industry in Hungary, Csaba Tóth, Director, Head of Hotels at CBRE Hungary says to Property Forum.

Radisson Hotel Group is launching a rapid testing service for meeting and event attendees at properties across its EMEA portfolio. The testing program builds on the Radisson Hotels Safety Protocol launched in 2020. In addition, upon full implementation of the program every hotel will be able to provide guests with the option to visit an easily accessible and affordable PCR testing location, either at the hotel site or in its vicinity.

TPG Real Estate, the real estate platform of global private investment firm TPG, announced that it has completed the purchase of A&O Hotels and Hostels, the largest fully integrated, privately-owned, hostel platform in Europe. The transaction will help A&O expand and enhance its operations.