Little price differentiation in Moscow hotels

Hotels
RUSSIA In the upper upscale segment of the Moscow hotel market occupancy has risen from around 55 pct to 65 pct and RevPAR is almost 22 pct up on the 2011 figures and is the highest since 2008 being only 1,000 RUB below the RevPAR of the luxury segment.
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In the latter segment, occupancy has dropped around 3 pct over the last 9 months from 65 pct to 62 pct. Moscow midscale hotels have seen an increase in RevPAR of 12 pct this year. Midscale and upscale hotel rates in Moscow are separated by RUB 1,700 (EUR 42), according to Cushman & Wakefield. In St Petersburg upscale hotels have seen a boost in occupancy of 10 pct but have suffered a drop in rates of 17 pct. Occupancy so far this year stands at 63 pct, the highest since 2008.

Latest news

Retail & leisure

Poland Jysk comes to Janki

schedule 07 April 2026
Opr./edited by AH

Jysk will open a 1,700 sqm DIY store at HomePark Janki near Warsaw on April 11th.

Sponsored article

SPAIN SIMA – The Global Hub of Living

schedule 30 March 2026
Opr./edited by NN

SIMA – The Global Hub of Living is the world’s leading investment fair and conference for the residential and living sector, offering a unique and comprehensive B2B2C experience and serving as the main meeting point for the entire residential and living value chain: capital markets, developers, institutional investors, funds, end buyers, consultancies, public administrations and governments. SIMA 2026: the international epicentre of the living sector May 20th to 23rd, Madrid, Spain

Investment & finance

Poland CEE investment volume hits record high

schedule 07 April 2026
Opr./edited by AH

According to the latest data from Cushman & Wakefield, the total value of investment transactions in Central and Eastern Europe in 2025 reached approximately EUR 11.8 bln, representing a 34 pct year-on-year increase and the highest annual figure since 2019.

Office & mixed-use development

Poland Bonprix enters Nowa Fabryczna

schedule 07 April 2026
Opr./edited by AH

E-commerce fashion brand Bonprix, a fashion brand has opened an office on the 5th floor of the Nowa Fabryczna office building in Łódź. The company occupies nearly 2,400 sqm.

Residential

Poland Wynalazek Quarter project proposed

schedule 07 April 2026
Opr./edited by AH

The Octava Property Trust and the WWAA architectural studio are proposing to transform a 2 ha plot at the intersection of ul. Marynarksa and ul. Wynalazek  under the Special Housing Act.

Office & mixed-use development

Poland Mokotów Nova reimagined

schedule 07 April 2026
Opr./edited by AH

The modernisation of the Mokotów Nova office complex at ul. Wołoska 22 in Warsaw has been completed. The work primarily covered the ground floor of the buildings and the development of the outdoor areas.

Retail & leisure

Poland Gorąco Polecam opens in Designer Outlet Warsaw

schedule 07 April 2026
Opr./edited by AH

A Gorąco Polecam Smaki z Piekarni bakery has opened in Designer Outlet Warsaw. The 80-sqm location is in the centre of the building, near the Ecco and Calvin Klein stores.

Office & mixed-use development

Czech Republic Prague sees massive flex office expansion

schedule 07 April 2026
Opr./edited by AH

Prague ranks among the European cities with the highest projected growth in flexible office space. This is primarily due to the long-standing shortage of new office buildings available for lease on the open market and to growing corporate demand for comprehensive services. Flexible offices are thus gradually shifting from being a market add-on (or nice to have) to becoming its driving force.

Investment & finance

Poland Develia buys imperial shipyards

schedule 07 April 2026
Opr./edited by AH

Polish residential developer Develia has signed a preliminary agreement to buy the Stocznia Cesarska development from Belgian developers Alides and Revive. Alides and Revive acquired the 16-hectare site in 2017.

EurobuildCEE

Poland Happy Easter!

schedule 02 April 2026
Eurobuild CEE

On the occasion of Easter, we extend our warmest wishes to all our Readers for peace, good health, and the joy that comes from spending time with loved ones.

Office & mixed-use development

Poland Wojdyła becomes BASE³

schedule 02 April 2026
Opr./edited by AH

Wojdyła Business Park office centre on ul. Muchoborska in Wrocław has been rebranded as BASE³ – Home of Business. Following its sale to new owners, Propwave Advisory has also been appointed as the leasing agent to recommercialise the centre.

Warehouse & industrial

Poland Poland turns to quality

schedule 02 April 2026
Opr./edited by AH

In the Polish warehouse market, developers and investors are focusing on top-quality warehouse space, and land banks are being gradually released, according to CBRE's '2026 Poland Real Estate Market Outlook' report.

Warehouse & industrial

Poland Three extensions for Fiege

schedule 02 April 2026
Opr./edited by AH

Logistics operator FIege has signed three lease agreements for more space at three locations: Panattoni Park Goleniów I, Panattoni Park Zielona Góra I, and Panattoni Park Gorzów I. The total additional space leased comes to nearly 21,000 sqm.

Office & mixed-use development

Poland Vastint to build new quarter in central Wrocław

schedule 02 April 2026
Opr./edited by AH

Vastint plans to transform a 1.7 ha site at ul. Powstańców Śląskich 2-4 in Wrocław into a mixed-use development. The TREE Group has been appointed to demolish the former Arkady Wrocławskie shopping centre on the site, to be completed by mid-2027. APA Wojciechowski Architekci studio has been commissioned to design the new project.

Warehouse & industrial

Poland Bel Pol enters Panattoni Park Warsaw North III

schedule 01 April 2026
Opr./edited by AH

Flooring and doors retailer Bel-Pol has signed a lease for 5,600 sqm in Panattoni Park Warsaw North III.

Human resources

Europe Leadership change at Nepi Rockcastle

schedule 01 April 2026
Opr./edited by AH

Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.

Infrastructure

Poland Budimex to build for CPK

schedule 01 April 2026
Opr./edited by AH

Budimex has won the tender to construct the deep foundations for the CPK passenger terminal as part of the Port Polska project. Six constructors entered the tender, but Budimex submitted the lowest bid of PLN 146 million gross.

Retail & leisure

Poland New food court for Plejada

schedule 01 April 2026
Opr./edited by AH

A new food court has opened at the Plejada Shopping Centre in Sosnowiec, designed as a comfortable space with around 270 with dining tables and high bar tables.

Residential

Poland PRS growing rapidly

schedule 01 April 2026
Opr./edited by AH

PRS in Poland is expanding rapidly. In 2025, 5,821 units were introduced to the market, a record number, according to CBRE's '2026 Poland Real Estate Market Outlook' report. This year looks set to be a similar number.

Retail & leisure

Poland Polish retail still booming

schedule 01 April 2026
Opr./edited by AH

Over the next three years, retail sales in Poland will grow at nearly 3 pct annually. The supply of retail space is growing, especially in retail parks in small towns, attracting interest from both developers and investment funds, according to the "Retail Insights" report prepared by JLL.

Latest in Hotels

schedule 17 March 2026

Hotel transactions boom

The Czech hotel market is building on an exceptionally strong year in 2025, marked by a significant increase in transaction volumes and investor interest. According to Cushman & Wakefield, a total of 16 hotels were sold in the Czech Republic, representing 2,989 rooms and a total transaction volume of EUR 764 mln. Based on available data, this represents the highest annual transaction volume ever recorded on the Czech hotel market.

schedule 12 March 2026

Mercure expands in Romania

Mercure has signed a contract to develop a hotel in Craiova and has also announced it is to open the Mercure Oradea hotel.

schedule 27 February 2026

Lithuanians construct hotel in Gdańsk

Construction work on a hotel has been launched in the Wrzeszcz district of Gdańsk. Lithuanian 1 Asset Management is the investor and the developer is the Gdańsk-based Upside Property.

schedule 25 February 2026

ibis Styles open in Tbilisi

ibis Styles has announced the opening of the ibis Styles Tbilisi Mziuri Park in one of the city's greenest districts, next to the historic Wine Factory district and Chavchavadze Avenue. 

schedule 05 February 2026

Mercure opens in Bucharest

Mercure, a brand owned by the Accor Group, has opened the Mercure Bucharest Cantemir in the centre of the city. The brand is also planning to debut in Oradea as well as in Khiva in Uzbekistan in 2026.

schedule 15 January 2026

Swissôtel opens in The Czech Republic

The Swissôtel chain has announced the opening of its first hotel in the Czech Republic in the spa town of Mariánské Lázně.

schedule 22 December 2025

AC Hotels to open in Port Praski

The façade of the Minter townhouse, in the Port Praski development in Warsaw, has been unveiled, restoring its Art Nouveau style.

schedule 18 December 2025

New look for Novotel Praha Wenceslas Square

The comprehensive renovation of the Novotel Praha Wenceslas Square has been completed. The work included 146 guestrooms, the lobby, the fitness centre, the swimming pool, the wellness area, and the conference room.

schedule 12 November 2025

Tourism set to boom around the Med

According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last year, according to the latest EMEA Hospitality report published by Colliers.

schedule 03 November 2025

Novotel comes to Croatia

Accor's Novotel brand is expanding in Southeastern Europe with the opening of Novotel Zagreb, the brand's first hotel in Croatia.

schedule 16 October 2025

Staycity to open first Aparthotel in Warsaw

Leading aparthotel operator Staycity Group and international investment firm Solida Capital has announced a strategic partnership for the development of a new Staycity Aparthotel in Warsaw, marking Staycity’s entry into the Polish market.

schedule 10 September 2025

Romanian hotels grow

 Occupancy rates increased by around 4 pct in the first six months of the year compared to the same period of 2024, according to a report by Cushman & Wakefield Echinox with the figures based on the STR data. The average daily rate (ADR) grew by circa 8 pct in local currency. This resulted in a spectacular 12 pct increase in RevPAR YTD 2025 versus 2024.

schedule 29 August 2025

Leonardo expands in JM Tower

Leonardo Hotels Central Europe will manage the entire JM Tower complex on ul. Grzybowska in Warsaw from October this year. Currently, the chain is only responsible for managing the section where the Leonardo Royal Warsaw hotel operates.

schedule 22 August 2025

Self service in Opole

The De Silva Inn Opole is now open. This is  Poland's largest fully self-service hotel with a usable area of around 4,000 sqm.

schedule 11 August 2025

Mercure comes to Transylvania

The Mercure Hotels & Resorts chain has opened its first hotel in Transylvania. The Mercure Alba Iulia has 118 rooms as well as modular meeting spaces.

schedule 07 August 2025

Redefining luxury

The value of the hotel and spa services market in Poland increased by 16.7 pct year-on-year in 2024, reaching PLN 7.8 bln. According to KPMG, this trend is consistent with the broader, global recovery of the tourism sector.

schedule 24 April 2025

Romanian hotel market continues to recover

The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone of EUR 100.

schedule 03 April 2025

Condo to be built on the Baltic

Peninsula Property has signed a contract with Doraco to build The Elements Resort, a condohotel in Dźwirzyno on the Baltic sea.

schedule 01 April 2025

Marriott plans to expand Four Points by Flex portfolio

Marriott International has announced plans to double its portfolio of Four Points Flex by Sheraton hotels across Europe by the end of 2026.

schedule 28 March 2025

Hotel brand makes further debuts

Handwritten Collection announces further expansion in Europe. The chain plans to open more than 10 new hotels in the coming months. The new Handwritten Collection hotels include the first hotel in Croatia in a historic building in Rijeka, a hotel in Debrecen, Hungary, and a hotel in Tirana, Albania.

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Edition 3 (306) March 2026

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