ARTICLES LABELLED WITH TAG sevda-cadir
22
Aug
2024
Aug
2024
Bucharest hotel market to add 2,400 rooms by 2026
Bucharest’s hotel market is set to expand by around 2,400 rooms by 2026, outpacing the estimated growth from other CEE-based capital cities, according to a Cushman & Wakefield report.
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27
Feb
2024
Feb
2024
Hotel occupancy in Bucharest up 5% in 2023
The occupancy rate in Bucharest’s hotel market was up 5% in 2023 compared to the previous year, but it remains around 10% under 2019. However, average revenue per room was up 12%, which is higher than in pre-pandemic times, according to a Cushman & Wakefield Echinox report.
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21
Aug
2023
Aug
2023
Bucharest hotel market reaches pre-pandemic levels
Bucharest is the fifth most attractive market out of 20 cities in CEE-12 in terms of the interest of the main operators to invest in new hotel facilities in the next period, while the results of hotel operators in the Romanian capital reaching pre-pandemic rates, according to a survey by Cushman & Wakefield Echinox.
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23
May
2023
May
2023
Bucharest hotel occupancy gets close to pre-pandemic levels
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.
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Latest news
- AFI Czech Republic occupancy rises in 2025
- Regional capital takes the lead as CEE investment markets regain momentum
- Swissôtel opens first Czech Republic hotel in spa town
- Fiege expands to 51,000 sqm at Panattoni Park Moson
- Czech property investment hits record €4.4 billion in 2025
- 7R signs 20,000 sqm lease for hybrid facility near Poznań
- Park Properties attracts partner for luxury villas project near Bucharest
- Asset class diversification drives deal activity across CEE
- CA Immo secures €150 million green revolving credit facility
- MLP Group raises €350 million in green bonds for expansion
New leases
- The recreational offering at Fort Wola has been further enhanced. Zdrofit fitness club, which has operated at the centre since 2024, has expanded its floor space by an additional 790 sqm to house a modern pilates zone. Following this expansion, the club’s total footprint exceeds 2,280 sqm.
- Bolton Romania has leased 306 sqm of office space in the Bucharest-based River Plaza. The deal was brokered by Fortim Trusted Advisors.
- IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.
New appointments
- Věra Hordóssyová has joined GARBE Group as Account and Financial Manager. She brings over 20 years of experience in finance and accounting, having held roles such as Chief Accountant and Financial Controller.
- Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
- Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
