POLAND French hotel chain Louvre Hotels together with investor Silport is to develop a 200-room hotel complex in Katowice.
RUSSIA Accorhotels and AEB Capital have signed an agreement with the Almazergienbank bank to finance the construction of a 150-room Mercure hotel in Yakutsk in north-eastern Siberia.
ROMANIA The Ibis Styles Bucharest Erbaş hotel has opened in the Romanian capital with 80 rooms.
LATVIA Radisson Hospitality, part of the Radisson Hotel Group, has signed a contract to open the Radisson Riga, which is being developed in collaboration with the group’s long-term partner, Astor.
HUNGARY The CEE hotel market has been expanding rapidly over the last three years both in terms of hotel performance and transaction volumes due to growing numbers of tourists. Within the region, the Budapest hotel market has seen exceptional growth, with its RevPAR growth [revenue per available room] outpacing the other large capital cities in the region, according to Colliers International's latest hotel market study.
CZECH REPUBLIC According to research be Colliers International and Hotelschool The Hague, despite many countries having recently introduced legislation to restrict the use of the hospitality service Airbnb, it continues to grow in five large European cities: London, Amsterdam, Berlin, Madrid and Paris.
RUSSIA Moscow hotels increased prices threefold over the June-July period, while in St Petersburg occupancy fell and rates increase by 30 pct.
POLAND The four-star Best Western Premier Kraków Hotel and the Best Western Efekt Express hotels in Kraków have just completed renovations.
POLAND Gwiazda Morza has established cooperation with Tacit Investment. The High Level Sales & Marketing brand was established as part of the cooperation.
LITHUANIA The Ibis Vilnius Centre has been opened.
EUROPE Russia had the third highest number of hotel rooms under construction in Europe at the end of July 2008, according to data published by hospitality market analysts STR.
POLAND The recently opened IBB Hotel Długi Targ in Gdańsk has fitted out several rooms with Home & You products.
CZECH REPUBLIC UBM Development has acquired Cukrovarnický palác [the Sugar Palace] on Senovažne náměstí in the historical centre of Prague.
CZECH REPUBLIC Domestic operators are gaining in competitiveness, Czech chain Pytloun Hotels will open on Wenceslas Square. The Czech hospitality market has been achieving above-average performance rates thanks to a steadily growing number of tourists. This has had a positive effect on hospitality properties whose yields ranging between 6 proc. and 7 proc. are noticeably higher than the yields in other commercial sectors, specifically retail, office and industrial. They are also attractive with rents guaranteed for a long time. As a result, converting office space into hospitality facilities is becoming a frequent choice among both domestic and international investors. Czech operators can compete with foreign ones quite capably and tend to be the preferred choice for hotel owners. Just about 14 proc. of the local market operators are international brands, according to Cushman & Wakefield’s report.
MACEDONIA Orbis Hotel Group has opened the first Mercure hotel in Macedonia: the Mercure Tetovo, in the northwest of the country.
RUSSIA Yit has been awarded a contract with LLC Novyi Vek, part of the Plaza Lotus Group, for the construction of the first phase of a hotel in south St Petersburg.
ROMANIA The Orbis Hotel Group, AccorHotels’ strategic partner in Eastern Europe, is to continue its expansion in Romania with the opening of Mercure Sibiu Airport.
POLAND Eurobuild CEE talked to Selina's Felipe Gedeón, new markets lead for Europe, about the strategy of the hospitality chain entering the Polish market. Selina, a chain that combines the style of boutique hotels with features characteristic of the social life of hostels, is to be launched in Poland and Hungary.
POLAND Capital Park Group has opened a hotel at ul. Lektykarska 4 in Gdańsk’s Old Town.
POLAND Work on the construction of the Molo Park aparthotel in Mielno has entered its final phase.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occ ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a ...
According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Eur ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
7R and EQT Exeter will jointly develop a modern logistics park near Prague. The 56,000 sqm investment will consist of two buildings located along the ...