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Timișoara City Center now open

schedule 04 March 2021

Optim Project Management has completed the construction of the 6,715 sqm ibis Timișoara City Center hotel on behalf of Hotel Development.

Hotels

HUNGARY W Budapest hotel starts to take shape

schedule 01 March 2021
Nathan North
deputy editor

Hungarian building services provider DVM group has started the construction work on the neo-renaissance Drechsler Palace in Budapest in a project to prepare it to become the first W Hotel in Hungary.

Hotels

Warsaw Regent under new management

schedule 08 February 2021
Opr./edited by AH

PHN Property Management and Polskiego Holdingu Hotelowego have signed an agreement to buy Cosmar Polska, the owner of the Regent Warsaw Hotelu for PLN 130.5 mln.

Hotels

SEE REGION Arena Hospitality poised to buy Belgrade hotel

schedule 31 December 2020
Opr./edited by NN

Arena Hospitality Group has been loaned HRK 32 mln (EUR 4.2m) by Serbian bank AIK Banka for the Croatian hotel group to acquire the 88 Rooms hotel in Belgrade.

Hotels

RUSSIA Raffles comes to Moscow

schedule 15 December 2020
Opr./edited by NN

Accor and Kievskaya Ploshchad Group have announced that they will be opening the Raffles Moscow hotel in H2 2022.

Hotels

CENTRAL EUROPE Ott Ventures launches EUR 500 mln Central Europe hotel fund

schedule 02 December 2020
Nathan North
deputy editor

Ott Ventures, the private equity and fund management platform run by Orco Property Group and MaMaison Hotels & Residences founder Ott Properties, has announced the launch of its first hotel fund – Velvet.

Hotels

HUNGARY Crowne Plaza comes to Budapest

schedule 23 November 2020
Nathan North
deputy editor

InterContinental Hotels Group has signed a management agreement with Gránit Pólus Group for the Hilton Budapest City hotel in the city centre to be re-branded as the Crowne Plaza Budapest in 2021.

Hotels

UKRAINE Radisson debuts in Odessa

schedule 23 October 2020
Opr./edited by NN

A Radisson hotel is to open for the first time in the Black Sea resort of Odessa.

Hotels

Lithuania Radisson opens at Vilnius Airport

schedule 30 September 2020
Opr./edited by AH

Radisson Hotel Group has announced the opening of Park Inn by Radisson hotel at Vilnius Airport.

Hotels

Hungary Mostly woe for Hungarian hotels

schedule 29 September 2020
Opr./edited by AH

Horwath HTL Hungary, together with the Hungarian Hotel & Restaurant Association, has published the results of a survey conducted among its members to assess the results of the Covid-19 crisis.

Hotels

POLAND Holiday Inn Express Gdańsk Airport on its way

schedule 28 September 2020
Opr./edited by NN

InterContinental Hotels Group and FB Antczak (the investor behind the project) are to open a Holiday Inn Express hotel at Lech Wałęsa Airport in Gdańsk in 2022.

Hotels

EUROPE Convivio finalises five-star portfolio buy

schedule 21 September 2020
Nathan North
deputy editor

Convivio Hotels has completed the EUR 573 mln acquisition of eight of the five-star hotels in the pan-European Dedica Anthology portfolio from Värde Partners.

Hotels

BULGARIA First Hyatt opens in Bulgaria

schedule 07 September 2020
Opr./edited by NN

The first Hyatt-branded hotel has opened in Bulgaria – the Hyatt Regency Sofia.

Hotels

Hotels could boost revenue by 20 pct by embracing co-working – Colliers

schedule 07 September 2020
Opr./edited by NN

Hotel operators could take advantage of the trend for remote working and adapt their space for a ‘hybrid hospitality’ concept to generate additional revenue, according to Colliers International.

Hotels

EUROPE Hotel investors holding out for H2 – C&W

schedule 01 September 2020
Opr./edited by NN

In the first half of 2020 there was a marked increase in European hotel investors retreating to their home regions due to the uncertainty surrounding the pandemic, according to research by Cushman & Wakefield.

Hotels

ROMANIA Ibis Styles opens in Galați

schedule 26 August 2020
Nathan North
deputy editor

Accor has opened its first hotel in Galați on Romania’s eastern border – the Ibis Styles Dunărea Galați.

Hotels

POLAND Sofitel Wrocław Old Town falls victim to the pandemic

schedule 04 August 2020
Opr./edited by AKL

Polish hotel operator Orbis has decided not to re-open the Sofitel Wrocław Old Town after its closure due to the pandemic.

Hotels

ESTONIA First Estonian Citybox opens its doors

schedule 04 August 2020
Opr./edited by NN

The first Citybox hotel in Estonia and outside Norway was opened on August 1st in the Porto Franco quarter of Tallinn’s passenger port area.

Hotels

ROMANIA Globalworth pioneers hotel accommodation for office tenants

schedule 31 July 2020
Nathan North
deputy editor

Globalworth has been preparing a hi-tech hotel complex for its office tenants in the Upground Tower residential building in Bucharest.

Hotels

POLAND Suntago holiday village opens its doors

schedule 23 July 2020
Opr./edited by NN

The first guests have checked into Suntago Village, a complex of 92 holiday bungalows that forms part of the Park of Poland leisure complex near Mszczonów, about 50 km southwest of Warsaw.

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