ARTICLES LABELLED WITH TAG hotel

News Property investments in Romania soar 33% in Q1 2024
22
Apr
2024

Property investments in Romania soar 33% in Q1 2024

by Property Forum
Real estate investments in Romania reached €205.75 million during Q1 2024, up 33% year-on-year, driven by the retail sector, shows a Fortim Trusted Advisors report.
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News Julius Meinl Living buys hotel in Bucharest
22
Apr
2024

Julius Meinl Living buys hotel in Bucharest

by Property Forum
Julius Meinl Living has completed the purchase of Ambasador Hotel in Bucharest, with the project set to undergo a major revamp and reopen as The Julius Bucharest in 2027.
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News Crestyl includes hotel in mixed-use Brno development
18
Apr
2024

Crestyl includes hotel in mixed-use Brno development

by Property Forum
The Dornych project by Crestyl Group is to replace the old shopping centre in the neighbourhood of Brno's Central Station in the upcoming years. The developer has now announced a hotel as a part of this development. Its opening is planned for mid-2028.
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News Trump’s son-in-law to invest in hotel developments in Serbia and Albania
26
Mar
2024

Trump’s son-in-law to invest in hotel developments in Serbia and Albania

by Property Forum
Businessman Jared Kushner, the son-in-law of former US President Donald Trump, is now venturing into the Balkans with ambitious plans for transformative property developments across Albania and Serbia. Through his Miami-based private equity firm, Affinity Partners, Kushner is engaged in advanced discussions for investments exceeding $1 billion, aiming to reshape the landscape of tourism and real estate in Southeast Europe, the New York Post reports.
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News Czech Inn Hotels to operate Prague's Corinthia
13
Mar
2024

Czech Inn Hotels to operate Prague's Corinthia

by Property Forum
The highest hotel in Prague, Corinthia has joined the Czech Inn Hotels chain, reports Newstream.cz. The plan is to gradually modernize the hotel and revitalize the rooms, but with great emphasis on preserving the unique character and historical value of the building.
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News First ibis Styles hotel to open on Romanian seaside
05
Mar
2024

First ibis Styles hotel to open on Romanian seaside

by Property Forum
The first Ibis Styles hotel will open on the Romanian seaside this summer following a franchise agreement signed by Accor and Paradis Hotels & Resort, a company owned by Romanian entrepreneur Aurelian Marin.
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News Hotel occupancy in Bucharest up 5% in 2023
27
Feb
2024

Hotel occupancy in Bucharest up 5% in 2023

by Property Forum
The occupancy rate in Bucharest’s hotel market was up 5% in 2023 compared to the previous year, but it remains around 10% under 2019. However, average revenue per room was up 12%, which is higher than in pre-pandemic times, according to a Cushman & Wakefield Echinox report.
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News Warsaw hotel market improves performance in 2023
26
Feb
2024

Warsaw hotel market improves performance in 2023

by Property Forum
Experts of Cushman & Wakefield expect transactional activity on the Polish hotel market to pick up in 2024 as key performance indicators continue to improve and the pressure on investors to allocate capital builds up. Although 2023’s total investment volume on the Polish market was below that of 2019, it reached nearly €83 million - an 82% increase year-on-year. Warsaw, Vilnius and Edinburg are the only main European hotel markets that reported year-on-year growth in occupancy levels last year. At the same time, Warsaw came third for ADR growth (EUR) in 2023, with an increase of 20.1% year-on-year. 
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News Radisson opens first RED brand hotel in Southeast Europe
22
Feb
2024

Radisson opens first RED brand hotel in Southeast Europe

by Property Forum
Radisson Hotel Group has opened in Belgrade its first hotel under the RED brand, marking its expansion in Southeast Europe.
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News Vastint gets LEED Gold for Warsaw hotel
20
Feb
2024

Vastint gets LEED Gold for Warsaw hotel

by Property Forum
Vastint Poland has been awarded the LEED Gold certification for the Sound Garden Hotel located within Business Garden Warsaw. This is the last of seven buildings that make up this  complex, which has successfully undergone multi-criteria environmental verification.
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Latest news


New leases

  • Flowserve Hungary Services has leased 2,550 sqm of office space in the Liberty mixed-use building in Budapest. The company will move into this Autumn.
  • DB Logistic has signed a new lease agreement at SEGRO Logistics Park Gliwice. The company has decided to expand occupied space by a third to a total of nearly 5,000 sqm.
  • Low-cost airline flydubai has opened a new office Bucharest-based Eminescu Offices, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.

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