ARTICLES LABELLED WITH TAG hotel

Hungarian property developer and investor Indotek Group currently owns real estate in Hungary and eight foreign countries and is actively screening opportunities in five others. The portfolio consists of office, retail, hotel and industrial properties. Property Forum asked Krisztián Hornok, Managing Director of International Transactions and Asset Management about the reasons for the large-scale expansion and ways of handling risks in this region.

Barceló Hotel Group has opened Barceló Warsaw Powiśle, a 4-star hotel with 151 rooms and suites at the Elektrownia Powiśle complex in Warsaw.

Four Points by Sheraton Budapest Danube Hotel has opened in the Hungarian capital. The new 105-room hotel is situated on the banks of the river in the centre of the city and is managed by the Hungarian company Accent Hotels.

Business and leisure travel is back in CEE, including Hungary, which makes investments more profitable than it was expected a year ago. Property Forum asked Silvija Lovreta, Senior Director of South Eastern Europe - International Hotel Development at Marriott International about the extensive development pipeline and ways the company meets environmental challenges. On behalf of Marriott's local partner for the development of the first Moxy hotel in Budapest, Forestay Group, Bálint Botos also commented on a few questions.

Hungarian property investor and developer Indotek Group has been granted permission from the Croatian authorities to buy the Jelsa Resort, a huge hotel complex on Hvar Island. The complex offers 1,400 rooms but needs to be refurbished, vg.hu reports.

The Le Meridian brand will offer 102 rooms and is scheduled to be open in 2025, telex. hu reports. This will be Marriott's first Hungarian hotel outside Budapest.

The occupancy of Bucharest hotels increased by 33% in the first quarter compared with the same period of last year, and remains about 5% below the 2019 level, according to a report by Cushman & Wakefield Echinox.

Hyatt Hotels Corporation announced the opening of Secrets Sunny Beach Resort & Spa, Dreams Sunny Beach Resort & Spa, AluaSun Helios Beach and Alua Helios Bay, representing the entry of the Inclusive Collection, part of World of Hyatt, into a third European country, complementing the existing presence of Hyatt’s all-inclusive resort brands in Spain and Greece. 

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.

Hospitality group Accor has opened a new ibis Styles hotel near the international airport Henri Coanda based in Otopeni, close to Bucharest. This is the fifth ibis Styles hotel opening in Romania.