ARTICLES LABELLED WITH TAG hotel

Despite the strong recovery of travel demand and the wall of capital looking for opportunities, transaction activity in the EU hotel market in the first half of 2022 remained flat compared to the same period last year. Nevertheless, there are five countries that are recording notable growth in transaction activity, says Cushman & Wakefield's European Hotel Market Report for H1 2022.

Atenor and Ennismore have announced the signing of a new TRIBE hotel within the FORT 7 project near Warsaw Chopin Airport. 

Hungarian developer and investor Infogroup has bought a 50% share in the ibis Styles Budapest Citywest Hotel.

Up to 20 new hotels are slated for delivery across the country by the end of 2023, of which six projects will be completed in Bucharest, according to a report by real estate consultancy Crosspoint Real Estate.

The first Radisson Red property in Poland is now welcoming guests. Radisson Red Gdańsk is part of the redevelopment of Granary Island in the center of the Pomeranian capital on the Baltic Sea. With this new opening, Radisson Hotel Group’s portfolio in Poland has grown to 22 properties in operation and under development.

Niro Investment Group, the Romanian property investor and administrator, has appointed Anca Simionescu as General Manager, tasked with coordinating and developing the company's investment projects both locally and internationally.

The structure of Wing's Liberty office building has been completed on schedule, bringing the project one step closer to completion in 2023. Located on Könyves Kálmán körút in District 9, the multifunctional office building will host a dual-branded ibis-Tribe hotel after its completion.

The first Marriott Hotel in Brașov will open in the mixed-use scheme Urban Plaza that will include apartments, offices and commercial areas.

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.

A new five-star Radisson Blu Hotel has opened in Cluj-Napoca, Romania’s second largest city that is one of the most popular leisure and business destinations in the country.