CEE REGION Orbis’ preliminary operational results for Q1 2015 have shown occupancy increases in the group’s hotels to 53.5 pct, up from the first three months in 2014 when a figure of around 45.6 pct was recorded.
POLAND The Best Western Plus Brzeg Centrum – a four-star hotel with 60 rooms – was opened in Brzeg in April.
HUNGARY Ritz-Carlton hotel group is planning to open a hotel in Budapest next year.
RUSSIA The occupancy of guest rooms in ski resorts in the Sochi region (Krasnaya Polyana) in Q1 this year reached 61 pct, compared to only 47 pct last year, according to a report by STR Global.
RUSSIA In the first quarter of this year St Petersburg hotels managed to increase their revenue per available room by 16 pct y-o-y, according to a report by JLL.
EUROPE B&B hotel group has increased its turnover to EUR 320 mln in 2014, which signifies a 12 pct increase y-o-y.
POLAND Four two-star Ibis hotels have been trurned into three-star facilities. These include Ibis Warszawa Stare Miasto, Ibis Warszawa Reduta, Ibis Kraków Stare Miasto and Ibis Kraków Centrum.
POLAND Best Western Plus Q Hotel, the fourth Best Western facility to open in the Małopolska province, has welcomed its first guests.
POLAND The Best Western Grand Hotel in Kielce is extending its conference and exhibition section.
EUROPE In 2015 the B&B Hotels economy-class chain is planning to open new locations, offering a total of 4,000 rooms.
RUSSIA American hotel group Carlson Rezidor has ceased its operations in the Crimea.
ROMANIA US-based hotel group Carlson Rezidor, which operates such hotel chains as Radisson Hotels and Radisson Blu, is set to open its first Romanian Park Inn by Radisson-branded hotel.
POLAND Dyplomat hotel in Olsztyn has officially joined the Best Western family. The property was renamed to Best Western Plus Hotel Dyplomat.
POLAND Renovation work on the hotel section of the Jagusia spa clinic in Kudowa-Zdrój has now been completed.
POLAND Zdrojowa Invest is going to build the second project in Szklarska Poręba, Forest Ski Hotel & Resort.
RUSSIA In the next five years, NAI Becar, a Russian representative of the New-York based commercial real estate consortium NAI Global, is set to invest RUB 20 bln (EUR 300 mln) into the development of a countrywide aparthotel network.
POLAND West Real Estate has obtained an amended building permit for the construction of the Hampton by Hilton Wrocław City Center West.
POLAND After three months of the modernization work on Best Western Villa Aqua Hotel in Sopot, the hotel is now operational. The work involved the refurbishment of the hotel restaurant and rooms as well as altering the conference room.
EUROPE In 2014, hotel investment volumes across Europe and the Middle East have increased 30 pct compared to 2013, CBRE reports.
POLAND By the end of H1 2015, two TriCity hotels will join the Mercure group.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
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 ...
Six class A office buildings in the PRO Portfolio, which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
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.
The latest edition of our magazine reaches readers at a time when there is a palpable sense of uncertainty on the global market. Nevertheless, a stead ...
We invite you to join us on June 10th in Łódź at our conference entitled ‘CPK - A new era for Poland and the commercial real estate market’ where we s ...
What should one discuss with a representative of the banking sector? Naturally, money! Radosław Trymucha, the head of real estate structured finance a ...
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 hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
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 Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
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 ...
Total real estate investment volume in the Czech Republic topped EUR 1.48 bln, which is already higher than the full-year 2023 results of EUR 1.15 bln ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
The Office House building in Warsaw has received its occupancy certificate.
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 ...
The European living sector, including PRS, PBSA, and collective living solutions, continues to attract strong investor interest.
TDJ Real Estate has begun the second stage of its Fabryka Park project in Katowice. The main tenant is to be a Medicover medical centre.
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 is to develop a technology and production hub in Kraków's Nowa Huta district. The first phase of the project is to remediate the soil. Construction ...