Hotels
POLAND The four-star Best Western Efekt Express has become the fifth hotel of the Best Western network in Kraków.
Hotels
ROMANIA US hotelier Starwood has expanded its CEE presence by opening its first Romanian location: the 270-room Sheraton Bucharest Hotel.
Hotels
POLAND Orbis has signed a franchise agreement for a hotel development in Gniezno. The first hotel in the city to be opened under the Ibis Styles brand will be built at the junction of ul. Chrobrego and ul. Sobieskiego.
Hotels
LITHUANIA The Achemos Grupė has decided to change the manager of its Old Mill Conference hotel in Klaipėda.
Hotels
WORLD US hotel giant Starwood is starting a new premier hotel tier, Sheraton Grand, as it aims to lure more “high-value” travelers to its Sheraton chain and encourage more hotel owners to renovate Sheraton properties.
Hotels
POLAND Port-Hotel has acquired the Jurata hotel from its parent company – Przedsiębiorstwo Państwowe Porty Lotnicze.
POLAND The abandoned Piast hotel in Szczecin is to be redeveloped and modernized. The project’s investor will be Redi S.S. of Warsaw.
POLAND The Hotel Arłamow company, the owner of a four-star hotel in the Bieszczady mountains, has obtained a refinancing loan of PLN 84.5 mln for the property from Bank Ochrony Środowiska and a working capital loan of PLN 3.5 mln.
Hotels
CEE REGION CPI Property Group has obtained a five-year loan for refinancing for its boutique hotel portfolio in the Czech Republic, Slovakia, Poland, Hungary and Russia.
Hotels
CZECH REPUBLIC/ SLOVAKIA The Luxury Collection, a five-star Starwood hotel chain, is entering two new CEE markets by adding to its portfolio two hotels in Slovakia and the Czech Republic.
EMEA REGION In the first half of 2015, EMEA hotel transaction volumes amounted to EUR 13.2 bln, an impressive 85 pct increase on 2014, according to a recent report by JLL.
Hotels
RUSSIA AccorHotels has opened its three-star Ibis Moscow Dynamo hotel on Leningradskiy Prospekt in the country’s capital.
Hotels
POLAND UBM Poland is planning to build a new hotel in central Warsaw. The 16-storey property is set to be erected at the junction of ul. Żelazna, ul, Twarda nad ul, Złota.
RUSSIA A 150-room Marriott hotel is to be developed in Kaliningrad as part of the 2018 FIFA World Cup preparations, according to a concept presented by the city authorities.
Hotels
POLAND Ibis Styles in Bielsko-Biała re-opened on July 1st after a PLN 1.5 mln refurbishment of the communal areas and the façade.
Hotels
RUSSIA Polish general contractor Unibep is planning to complete the construction of the EUR 78 mln Doubletree by Hilton Vnukovo Airport in Moscow by the end of this year.
Hotels
UKRAINE Accor Hotels is preparing to open the Ibis Style Lviv Center hotel on 3 Shukhevycha street in the centre of Lviv.
RUSSIA Revenue per available room in Moscow hotels in January–May decreased 5 pct compared to the same period last year, according to a report by JLL Hotels & Hospitality Group.
Hotels
POLAND The new Ibis Poznań Północ is now being developed in Suchy Las on the outskirts of Poznań.
POLAND A new company – Hotel Professionals Management Group – is making a debut in the hotel sector.
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Elektrownia Powiśle in Warsaw has been voted the world’s best mixed-use development at the MIPIM Awards, which have just been held in Cannes.
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Avison Young has broadened its range of services with valuation and advisory.
Czech construction group Geosan has finalised the 100 pct acquisition of Slovak construction firm Váhostav – SK.
Globe Trade Centre has started the modernization of one the Aeropark Business Center in Warsaw.
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Polish investment manager Griffin Real Estate has completed the sale of a 107,600 sqm retail portfolio for EUR 87 mln to an undisclosed buyer.
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