POLAND The Szary Residence hotel at ul. Krakowska 131 in Michałowice has been opened.
LITHUANIA Construction company PST has purchased the Panevėžys Hotel in Panevėžys.
POLAND The four-star Kopieniec Fizjo-Med & Spa hotel has been opened in Murzasichle near Zakopane.
POLAND Four-star Holiday Inn Warszawa – City Centre hotel is to be built at the junction of ul. Żelazna, ul. Twarda and ul. Złota in Warsaw's Wola district.
LITHUANIA A new Ibis Styles hotel is set to open in Klaipėda.
HUNGARY European hotel chain Meininger Hotels, which is owned by the India-based Cox & Kings group, is set to open a new property in Budapest in spring 2018.
POLAND DoubleTree by Hilton hotel chain, which is a part of the Hilton Worldwide group, has officially opened its first location in Kraków.
RUSSIA Moscow, a key tourist and business destination in Russia, has recorded an unparalleled increase in operational performance of most hotel segments.
LITHUANIA Dunetton is a new four-star hotel property that recently opened on Jūros g. in Klaipeda.
POLAND The four-star Best Western Efekt Express has become the fifth hotel of the Best Western network in Kraków.
ROMANIA US hotelier Starwood has expanded its CEE presence by opening its first Romanian location: the 270-room Sheraton Bucharest Hotel.
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.
LITHUANIA The Achemos Grupė has decided to change the manager of its Old Mill Conference hotel in Klaipėda.
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.
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.
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.
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.
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