WORLD One million jobs are being lost every day in the travel and tourism sector due to the sweeping effect of the coronavirus pandemic, according to the World Travel & Tourism Council (WTTC).
EUROPE The hotel occupancy in European hotels fell in February by 1.8 pct to 63.6 pct, according to STR. Revenue per available room (RevPAR) decreased by 0.6 pct to EUR 64.68.
POLAND The Best Western Plus Hotel Podklasztorze has opened a wellness area after refurbishment work.
POLAND The redevelopment of the former Projprzem Makrum office building in Bydgoszcz into a three-star Focus Hotel has entered an advanced stage.
POLAND Orpea is about to complete the development of the Rezydencja Antonina elderly care centre in Piaseczno near Warsaw, while in Poznań it is beginning work on its largest Polish project. The French care home specialist, which now has app. 1,100 beds in nursing homes and rehabilitation clinics in Poland, plans to build eight new centres.
POLAND The five-star Nobu Hotel Warsaw is to open on June 2nd – its first hotel in Central and Eastern Europe.
POLAND The very first Vienna House R.evo hotel is to open in Katowice in March 2021.
POLAND The first A&O hostel opened in Warsaw on February 8th with 200 rooms and 600 beds.
POLAND Baltic Wave, which is building a hotel in Kołobrzeg on the Baltic coast, has signed a franchise agreement with Inter Continental Hotels Group (IHG) for the management of the hotel, which as a result, will be the first five-star Crowne Plaza Hotels & Resorts brand hotel in Poland.
POLAND Unihouse, a subsidiary of Unibep, has been awarded a contract for the construction of the first stage of a modular hotel project in Olszówka, near Mszczonów.
RUSSIA On Februrary 29th the 100 ha Dream Island theme park developed by Regions Developments is to open in central Moscow.
POLAND Despite poor business sentiment in the hotel and catering industry at the end of last year, the beginning of the year proved to be far more optimistic according to the ‘Barometer’ report by EFL
POLAND Accor has signed a contract with UBM Development to manage an Ibis Styles hotel with 259 rooms in Kraków. The project, which is to be completed by Q4 2021, is under construction on ul. Mogilska.
RUSSIA Radisson hotel group is planning to open the Radisson Hotel Gorizont Rostov-on-Don in the north-west of the city. The hotel with 173 rooms, a restaurant and lobby lounge bar, as well as a gym, a conference hall and various meeting rooms should open by the end of the year.
POLAND A Sadie Best Western boutique hotel is to open in Warsaw at the end of Q2 2020. Renovation work on the building at ul. Krakowskie Przedmieście 4 started last year.
POLAND Construction work is underway on the Puro Hotel at al. Korfantego 10 in Katowice.
POLAND Belgian investor Fenixco has started the construction of the Pinea holiday complex in the north-western coastal town of Pobierowo.
WORLD Hotel occupancy in mainland China underwent a 75 pct decline in the period between January 14th and 26th 2020, according to preliminary data and analysis by STR. The performance during the Chinese New Year holiday period was significantly worsened by the outbreak of novel coronavirus.
POLAND French hotelier B&B Hotels has continues its development in Poland with the opening of the 64-room B&B Rzeszów Centrum in the southeast of the country.
POLAND Zdrojowa Invest & Hotels has opened the Hilton Świnoujście Resort & Spa hotel with 173 rooms.
To the delight of some and in spite of all the doomsayers, you now have a copy of the September issue of Eurobuild in your hands – confirming that reports of our death have been gr ...Feature
To gauge the real impact of Covid-19 on Polish real estate, we spoke to a number of market players and analysts about how it was possible to get through the worst of the lockdown, ...Legal
The pandemic may have prompted a slowdown in transactions for office and retail projects and brought hotel transactions to a virtual halt, but logistics and industrial remain dynam ...
Finnish studio ALA Architects has won the competition to design an extension to the Estonian Business School in Tallinn’s central Maakri district.
The Polish Military Aviation Works (WZL1) in partnership with Lockheed Martin has begun construction work on a 3,000 sqm production plant in Dęblin in ...
Almost three quarters of employers plan to reintroduce their employees to their workplaces in phases rather than all at once, according to CBRE in its ...
POLAND The sixth Torus Triathlon In Da House (TTIDH) took place in the Alchemia office complex in Gdańsk at the end of February.
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
The aim of the Eurobuild Awards is to promote the key players of the real estate sector by recognising their achievements. Our long-term goal is also ...
Due to the fact we are currently moving our premises, which involves the relocation of our mail server, Eurobuild cannot be contacted via our usual e- ...
At the 15th Eurobuild CEE Annual Tennis Tournament, it was not only the men’s and ladies’ singles titles that were being fought out on the courts of t ...
Polish company Scallier, which is developing the Funshop Park chain of retail parks in Romania, has opted to obtain BREEAM certification for all its n ...
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 P ...
POLAND Reina Partners is the latest advisory to emerge on the Polish commercial real estate market.
Four applications have been made by companies to take on the project of renovating the Széchenyi Chain Bridge in central Budapest.
Cushman & Wakefield has completed the move of its Warsaw offices to The Warsaw Hub, which has just come into use.
Polish developer Echo Investment generated a net profit of PLN 10.4 mln in Q2 2020, mainly due to the appreciation in the value of its projects under ...
Hansainvest Real Assets has prolonged for five years two lease agreements totalling over 10,000 sqm – more than half the total leasable space – in its ...
POLAND Local Heroes has opened its first fashion store of 81 sqm at ul. Mokotowska 49 in the Mokotowska Square building in Warsaw.
CPI Property Group has taken over the management of Concept Tower in central Warsaw, following its recent acquisition of the property.
Riga-based fund manager Eften Capital is to enter the residential rental market by establishing a new fund to invest in rental apartment buildings in ...
Cordia has acquired UK residential developer Blackswan Property in its first investment in the UK market.
Lidl is to open a 2,017 sqm store in the Homepark Targówek retail park in Warsaw's Targówek district.
Cushman & Wakefield has identified Berlin, Reykjavik, Oslo, Warsaw, Zurich, Milan, Vienna, Madrid and Prague as emerging European hotspots for data ce ...
Uni-Logistics has leased 2,900 sqm in MLP Pruszków I on Warsaw’s western outskirts.