ARTICLES LABELLED WITH TAG Orbis

Orbis Group, the Eastern European partner of AccorHotels, has officially opened its first three-star ibis Styles hotel in Romania, in the city of Arad, together with its local partner and investor FAB Industry.

The 145-room ibis Styles Budapest Airport Hotel, the first airport hotel in Hungary with a direct terminal connection, constructed in a development project by Wing, opened for business at the beginning of January. The 6,600 sqm hotel is located approximately 200 m from Terminal 2, and is connected to it by a covered walkway.

Orbis is launching Aparthotels Adagio - a new aparthotel brand on the Eastern European market. Enlarging the brand portfolio by adding Aparthotels Adagio, Orbis Group is diversifying its network development and enters the city-centre apartment market as a development acceleration lever.

Polish hotel group Orbis, the CEE partner of French group AccorHotels, has signed a management contract with local company Constructii Erbasu S.A. for an ibis Styles hotel in the northern part Bucharest.

Orbis has concluded a preliminary agreement for the sale of two Polish hotels, Mercure Jelenia Góra and Mercure Karpacz Resort for a total net price of app. €6.1 million (PLN26.5 million) to an individual investor.

In accordance with its development strategy, Orbis Group enters Bosnia and Herzegovina with signature of a franchise agreement for MGallery by Sofitel Tarcin Forest Resort & Spa in Sarajevo region, Bosnia. The investor of the hotel is Tarcin International Development Company d.o.o.