ARTICLES LABELLED WITH TAG hotel

There is a positive outlook of stable growth for the Polish hospitality market as the country’s hotels continue to attract both domestic and foreign tourists. Warsaw remains one of the most popular destinations, especially for business travel, with 139 hotels offering over 15,000 rooms. Cushman & Wakefield has published its latest report.

Cushman & Wakefield Hospitality have been appointed by Cube Sp. z o.o. to sell the 4-star Mercure Sepia Hotel located in Bydgoszcz, Poland. The property was opened in December 2014 as a new hotel, combining a historical building dated late 19th century and a new building.

The Hungarian hotel market is characterised by optimism, which can be observed in both the development and investment markets. Investors in Budapest are planning to begin multiple projects, the capital will soon be see projects with some 600-800 five star and 1000-2000 four or fewer star rooms. Several projects are likely to manifest in the countryside too, where booking and income-profit indicators show a significant increase and provide developers with motivation.