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Hotels

CZECH REPUBLIC CPI sells stake in hotel portfolio

schedule 03 April 2024
Opr./edited by NN

CPI Property Group has sold a 50 pct stake in a subsidiary that owns eight hotel properties in the Czech Republic to Bratislava-based Best Hotel Properties (BHP), with whom it has also signed a JV agreement for the continued management of the hotels.

Hotels

Serbia The first in Southeast Europe

schedule 08 March 2024
Opr./edited by ANZ

Radisson RED Belgrade has opened its doors as a new upscale lifestyle hotel, marking the debut of the Radisson RED brand in Southeast Europe.

Hotels

Romania Bucharest hotel market rebounds

schedule 27 February 2024
Opr./edited by ANZ

The hotel market in Bucharest has experienced a moderate annual average growth in new offerings, at 0.9 pct between 2019 and 2023. This modest trend was primarily influenced by the cancellation of Urban Zoning Plans. Between 2024 and 2025, an estimated average annual growth rate of 4.1 pct in the number of rooms is expected, according to data from the real estate consulting company Cushman & Wakefield.

Hotels

Czech Republic Accelerated recovery

schedule 15 February 2024
Opr./edited by ANZ

According to Cushman & Wakefield analysis, after a period when the Prague hotel market was lagging behind other European cities in terms of recovery from the impacts of the covid pandemics, all of its performance indicators increased significantly in 2023. The Prague hotel market proves its resilience and attractivity.

Hotels

Hungary IHG's European debut

schedule 05 February 2024
Opr./edited by JC

IHG Hotels & Resorts announced its first Holiday Inn & Suites property in Europe with the signing of Holiday Inn & Suites Budapest Centrale – part of its Holiday Inn Hotels & Resorts brand.

Hotels

Poland The Luxury Collection will make its debut in Krakow

schedule 10 January 2024
Opr./edited by ANZ

Marriott International and the Dobry Hotel Group have signed an agreement to create The Luxury Collection brand's first hotel in Krakow in the historic Lubomirski Palace building.

Hotels

Poland The seventh Accor in Kraków

schedule 30 November 2023
Opr./edited by ANZ

A new hotel is being built in Kraków. It will be the seventh facility of the AccorInvest/Orbis group in the capital of Malopolska under the Accor brand in the lifestyle segment. The hotel is scheduled to open in Q2 2025.

Hotels

Hungary Grand Budapest Hotel

schedule 22 November 2023
Opr./edited by ANZ

Marriott Bonvoy's Autograph Collection Hotels brand is making its debut in Hungary with the opening of its first hotel in Budapest. The Dorothea Hotel is housed in three historic buildings and is named after Archduchess Dorothea, who contributed to the city's development in the 19th century.

Hotels

Romania A luxurious hotel to be opened in Bucharest

schedule 15 November 2023
Opr./edited by ANZ

One United Properties has signed a memorandum of understanding with Ennismore for opening Mondrian Bucharest, a highly exclusive lifestyle hotel in downtown Bucharest.

Hotels

Poland Hilton to open Canopy in Warsaw

schedule 19 October 2023
Opr./edited by ANZ

Canopy by Hilton Warsaw, the first lifestyle hotel of the Hilton chain in Poland, is to open in 2025 in the centre of the city.

Hotels

HUNGARY Tribe arises at Budapest Airport

schedule 13 October 2023
Opr./edited by NN

Local developer Wing in cooperation with Budapest Ferenc Liszt Airport has begun the construction of the Tribe hotel at the airport.

Hotels

Hungary Hampton by Hilton debuts in Hungary

schedule 04 September 2023
Opr./edited by ANZ

Hampton by Hilton Budapest City Centre, the country's first hotel under the Hampton by Hilton brand, has opened in Budapest.

Hotels

Croatia Rooms with a view

schedule 25 August 2023
Opr./edited by ANZ

AC Hotels by Marriott, part of Marriott Bonvoy’s portfolio of 31 brands, has announced its brand debut in Croatia with the opening of AC Hotel by Marriott Split. The new hotel is housed on the high floors of the 135-metre-high Westgate Tower with spectacular views of the Adriatic Sea and Split’s unique cityscape.

Hotels

CEE The top 5 hotel markets

schedule 21 August 2023
Opr./edited by ANZ

In Cushman & Wakefield’s latest Hotel Operator Beat survey, Budapest was placed as the most attractive market in CEE, reaching 4.3 points on a 1–5 scale where 5 means very high interest. Prague is a little step down with 4.2 points, and Warsaw, Kraków and Bucharest complete the top 5 markets targeted by hotel operators.

Hotels

POLAND Ibis Styles checks in at Warsaw Airport

schedule 08 August 2023
Nathan North
deputy editor

The opening has taken place of the Ibis Styles Warsaw Airport hotel, which is situated about 3.5 km from Fryderyk Chopin Airport in Warsaw.

Hotels

Croatia Marriott to open Cres hotel

schedule 27 July 2023
Opr./edited by ANZ

Marriott International has signed an agreement with Valdarke to open an Autograph Collection resort on the isle of Cres in Croatia. The hotel will be the international brand's first on the island.

Hotels

ROMANIA Historic Braşov hotel sold for EUR 9.4 mln

schedule 17 July 2023
Opr./edited by NN

Aro Palace, whose majority shareholder is investment fund Transilvania Investments, has sold the Coroana-Postăvaru Hotel in Braşov in central Romania to Elevate Properties for EUR 9.367 mln.

Hotels

Serbia Moxy makes Balkan debut

schedule 23 June 2023
Opr./edited by JC

Moxy Belgrade has arrived in Serbia’s capital city. The 131 guestroom hotel features all-day dining venue Gastro Bar Park and Moxy’s signature 24/7 bar.

Hotels

Hungary Le Méridien makes a splash at Lake Balaton

schedule 12 June 2023
Opr./edited by JC

Marriott International announced that it has signed an agreement with Balaport Investment to bring the Le Méridien brand to Hungary, which will also be the first Marriott International resort in the country.

Hotels

Hungary Moxy is heading to Budapest

schedule 05 May 2023
Opr./edited by ANZ

Marriott International has signed an agreement with Forestay Group to debut the Moxy Hotels brand in Budapest, Hungary. Construction of Moxy Budapest Downtown is scheduled to begin this autumn, with the opening expected in 2025.

Edition 4 (287) April 2024

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