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Hungary IntercityHotel Budapest now open

schedule 05 May 2021

The IntercityHotel Budapest has opened next to the Keleti railway station., in the eastern part of the city centre.

Hotels

BULGARIA Radisson opens Hotel Imperial Plovdiv

schedule 21 April 2021
Opr./edited by NN

Radisson Hotel Group has opened the Hotel Imperial Plovdiv under its Radisson Individuals brand.

Hotels

Baltic states Covid hits Baltic hotels

schedule 08 April 2021

Over 2020, RevPAR slid by 64 pct in Vilnius, 68 pct in Riga, and 72 pct in Tallinn according to figures from the Christie & Co consultancy.

Hotels

Bulgaria Ibis lands in Golden Sands

schedule 06 April 2021

An Ibis Styles hotel is to open in Golden Sands [Златни пясъци] in May. Accor has signed a franchise agreement with Valdemosa EOOD to rebrand the recently renovated Roomer Hotel Golden Sands.

Hotels

World B&B ready to splurge

schedule 01 April 2021

B&B has raised EUR 180 mln for its worldwide development plans.

Hotels

CEE REGION Prague and Budapest sale-and-leaseback for B&B

schedule 29 March 2021
Nathan North
deputy editor

B&B Hotels has sold two hotels – in Prague and Budapest – to Primonial REIM, an independent Paris-based real estate asset management group for an undisclosed sum.

Hotels

ROMANIA Zeus buys three Bucharest hotels from Ares

schedule 26 March 2021
Nathan North
deputy editor

Greek hotel management company Zeus International has bought a portfolio of three hotels in Bucharest in a cross-border share deal from Cyprus-based Alpha Real Estate Services (ARES) for an undisclosed sum.

Hotels

CZECH REPUBLIC Face-lift and more at the Hotel Thermal

schedule 22 March 2021
Nathan North
deputy editor

Trigema has started reconstruction work on the Hotel Thermal Karlovy Vary - Areál bazén in West Bohemia.

Hotels

CEE region Underlying demand still strong in Bucharest

schedule 18 March 2021

The Bucharest hotel market continues to receive attention from hotel operators looking to expand their chains.

Hotels

Poles want to go on vacation

schedule 18 March 2021

Poles are returning to hotels in holiday resorts more willingly than in the spring of 2020 but business hotels are still waiting for guests.

Hotels

ROMANIA Ramada Bucharest Majestic in Swiss hands

schedule 12 March 2021
Nathan North
deputy editor

Swiss company VisionApartments has bought the former Ramada Bucharest Majestic Hotel.

Hotels

POLAND Two Hampton by Hiltons to open in Poland

schedule 11 March 2021
Nathan North
deputy editor

Two new Hampton by Hilton hotels are to open in Poland – in Bialystok and in Tarnowo Podgórne on Poznań’s north-western outskirts.

Hotels

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.

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