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Roger Andersson, Managing Director of Vastint Poland talked to Property Forum about the accelerating residential property prices, faith in hotel investments in Poland, and constantly rising construction costs.

Romanian developer One United Properties and Le Manoir, a domestic gastronomy group, have jointly acquired the boutique hotel Carpathian Lodge Măgura from Buzău, in a deal worth €2.35 million, according to ZF.ro. 

Katarzyna Tencza, Associate Director Investment & Hospitality at Walter Herz comments on the current situation on the COVID-battered Polish hotel market.

Romanian Niro Investment Group, specialized in investments and real estate asset management, has announced the appointment of Christophe Chamboncel as Head of Hospitality & Development. 

The first 5-star hotel in Cluj-Napoca will be delivered next year following an investment of €22 million made by Winners Park Invest. 

Christie & Co has found a new tenant for the former Sofitel on the main square with Mogotel, who will operate the hotel in Wroclaw's city centre under the Wyndham brand. For the Latvian operator Mogotel, it is the first hotel in Poland.

CPI Hotels has begun the construction of a new Clarion hotel in Brno, near the city’s main train station, local daily Denik reports.

Apex Alliance Hotel Management has opened The Marmorosch Bucharest, Autograph Collection in Bucharest Old Town, following an investment of €42 million.

The new ibis Bucharest Politehnica will be managed by Accor in Romania. The project was developed by local real estate company Novum Business Services. 

Meliá Hotels International is continuing on its development path throughout the Mediterranean and aims to take advantage of growth opportunities in Albania. After beginning its expansion plan in the country in 2017, Meliá has now announced its fourth hotel: the Sol Dürres Hotel, located in the second most important city in the country and one of its key tourism development centres. The company expects to open the hotel next year, and this will then be followed by the opening of three additional hotels: the Meliá Dürres, the Meliá Tirana and a third hotel in Dürres under the INNSiDE by Meliá brand. The company thus intends to introduce three of its brands and position itself as one of the leading international hotel operators in the country.