POLAND A capsule hotel is to be developed in the centre at ul. Dowcip 4 in the centre of Warsaw.
LATVIA By 2020, a 220-room Radisson RED hotel is to open on Elizabates iela in Riga and will be managed by the Astor Group.
CEE REGION Orbis is planning to open eight hotels over the next few months. The company has also signed a total of 40 contracts for the management or franchising of its hotels. The company has also employed Frank Reul, who will now be responsible for the development of the Orbis group.
Anna Pakulniewicz, ‘Eurobuild Central & Eastern Europe’: The JM Hotel in Warsaw has been acquired by Leonardo Hotels to become the first hotel of the chain in Poland. What is your development strategy for Poland and the region? Paulina Kołodziejczyk, general director, Leonardo Royal Hotel Warsaw: The decision to enter the Polish market was really made at the last minute. Initial negotiations took place in November last year. That was when we decided to take over the JM hotel on ul. Grzybowska. The first quarter of operations was very fruitful. I expected this because I know the Polish market, so I was not afraid of taking up the challenge. However, the Leonardo group has been positively surprised. We have enjoyed much better results compared to other hotels in Central Europe – such as in Berlin, or Prague, where we have had the Nyx hotel for a year, and Budapest.
POLAND The tourism industry’s contribution to Warsaw’s GDP was in excess of PLN 15 bln in 2016.
ROMANIA The first Ibis Styles hotel is to be opened in Bucharest in mid-2018.
MONTENEGRO The chairman of global property development company DAMAC Properties, Hussain Sajwani, has met with the prime minister of Montenegro Duško Marković to discuss the possibility of building five star hotels and luxury resorts.
ROMANIA Israeli based Elbit Imaging has announced that it has signed a non binding letter of intent to sell its 98.2 pct shareholding in the Radisson Complex in Bucharest based on a property value of around EUR 177.5 mln.
ROMANIA New brands are likely to sign lease or partnership contracts with hotel developers, who are looking for alternative business models to management and franchise contracts, claims Colliers International. According to the real estate consultancy the Romanian market could undergo significant changes over the next year or so due to new brands entering the market.
ROMANIA Orbis, whose strategic partner is AccorHotels has signed a management contract for the Ibis Styles hotel in Bucharest with Construcții Erbașu.
POLAND The Varsovia Apartamenty Jerozolimskie aparthotel has opened.
POLAND Austrian chain Vienna House is to open a four-star hotel in Warsaw’s Służewiec Przemysłowy district.
POLAND The four-star Golden Tulip Warsaw Airport opened on August 5th on al. Krakowska in Warsaw.
POLAND The 450 sqm One Harmony Spa & Wellness Center, in the Number One hotel in Gdańsk, officially opened on August 1st this year.
WORLD AccorHotels is to consolidate three luxury brands under one brand.
POLAND The health resort in Konstancin-Zdrój near Warsaw has announced a rescue plan to resolve its financial difficulties, reports the Konstancin24.eu portal.
POLAND The Polish Chamber of Tourism has set up a team to deal with MICE issues.
RUSSIA Over the first six months of the year 70 pct of the quality hotel rooms in Moscow were occupied according to data from JLL.
POLAND Termy Uniejów, which is owned by the local authorities, is to construct an apart-hotel in Uniejów.
POLAND The Szlak Bursztynowy hotel has opened in Jarosławiec, writes e-hotelarz.pl.
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Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.
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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.
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From the beginning of June this year, Anna Korólczyk-Lewandowska takes over the position of Editor in Chief of Eurobuild magazine.
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Revetas Capital has secured a lease extension for over 10,000 sqm in the Bonarka for Business centre in Kraków.
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