ARTICLES LABELLED WITH TAG hotel

News - Bucharest hotel market to add 2,400 rooms by 2026
22
Aug
2024

Bucharest hotel market to add 2,400 rooms by 2026

by Property Forum
Bucharest’s hotel market is set to expand by around 2,400 rooms by 2026, outpacing the estimated growth from other CEE-based capital cities, according to a Cushman & Wakefield report.
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News - Bucharest’s short-term rental industry totals €24 million in H1 2024
07
Aug
2024

Bucharest’s short-term rental industry totals €24 million in H1 2024

by Property Forum
Bucharest’s short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report. 
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News - Radisson opens new hotel in Kraków
23
Jul
2024

Radisson opens new hotel in Kraków

by Property Forum
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.
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News - First villa project under Radisson brand to open in Romania
01
Jul
2024

First villa project under Radisson brand to open in Romania

by Property Forum
Grand Development, founded by Romanian entrepreneur Ionuț Nicolescu, has closed a partnership with Radisson Hotel Group for the opening of its first five-star villas resort in Romania, near Brașov.
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News - Premier Hospitality named operator of Ramada Sibiu Hotel
19
Jun
2024

Premier Hospitality named operator of Ramada Sibiu Hotel

by Property Forum
Romanian hospitality consultancy Premier Hospitality has been appointed operator of the Ramada Sibiu Hotel under a lease agreement that will run for 20 years.
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News - Czech UDI Group prepares for hotel construction in Budapest
12
Jun
2024

Czech UDI Group prepares for hotel construction in Budapest

by Property Forum
International developer UDI Group is developing the Parkside project in Budapest. Baltic hotel group Mogotel is confirmed to operate it under the Staybridge Suites brand name of the global hotel chain IHG.
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News - First Radisson Blu hotel to open in Mamaia
06
Jun
2024

First Radisson Blu hotel to open in Mamaia

by Property Forum
Hospitality group Mogotel has signed a partnership with Romanian developer Monarc Properties for the opening of the first Radisson Blu hotel in the seaside resort Mamaia.
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News - Tatry Mountain Resorts wants to double equity capital
30
May
2024

Tatry Mountain Resorts wants to double equity capital

by Property Forum
The general assembly of Tatry Mountain Resorts has agreed to issue approximately 6.3 million of new actions. The tourist operator is hoping to get up to €120 million of new capital.
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News - TMS Inwestycje buys Holiday Inn Resort Warsaw Józefów
29
May
2024

TMS Inwestycje buys Holiday Inn Resort Warsaw Józefów

by Property Forum
TMS Inwestycje, a company controlled by Tobias Solorz, has acquired the 148-room Holiday Inn Resort Warszawa Józefów hotel from the Aquila Group. The transaction included both the property and the shares in Aquila Hotels, the company operating the hotel in Józefów.
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News - Accor to open first Swissôtel branded hotel in Hungary
28
May
2024

Accor to open first Swissôtel branded hotel in Hungary

by Property Forum
The new Swissôtel Lagoon Budapest hotel will offer 200 rooms and apartments overlooking a man-made lagoon by the Danube River. Romanian property developer Forty Management will oversee the project. The handover is scheduled for 2028.
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Latest news


New leases

  • BIPA, the drugstore brand of the German REWE Group, has opened the first store in Romania at Bucharest-based Mega Mall. The unit’s leasable area stands at around 370 sqm.
  • M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
  • dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.

New appointments

  • Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
  • Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
  • CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.

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