RUSSIA The average annual occupancy rate in Sochi hotels is barely 30 pct – not enough to make them profitable, reveals an analysis by Cushman & Wakefield.
POLAND The fifth hotel of the Puro chain in Poland is to be opened in Warsaw. The developer has bought a tenement building at ul. Widok 5/7/9 for the project. The chain has also secured a plot in Gdańsk’s Old Town, at ul. Stągiewna 23 on Spichrzów Island, next to the existing Puro Hotel Gdańsk, the opening of which was celebrated on May 8th.
POLAND VHM Hotel Management has signed a lease with Capital Park for the use of townhouses on ul. Piwna and ul. Długa in Gdańsk’s historic quarter.
POLAND Orbis has signed a preliminary agreement to sell two hotels. The total value of the transaction could reach PLN 21.5 mln.
WORLD Accor has taken over FastBooking, a supplier of digital services for the hotel industry, which provides support to almost 4,000 locations across Europe and Asia every day.
ESTONIA Carlson Rezidor has added the 465-room hotel Park Inn by Radisson Meriton Tallinn to its portfolio.
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.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
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 ...
The south tower of GTC's City Gate office complex in Bucharest has become the first building in Romania to be awarded LEED Gold v5 certification with ...
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 ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
For the 15th time, we invite you to one of the most important and prestigious events in the commercial real estate calendar in Central and Eastern Eur ...
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed 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 ...
Leading aparthotel operator Staycity Group and international investment firm Solida Capital has announced a strategic partnership for the development ...
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Strabag has been commissioned to erect 23 GE Vernova wind turbines, each with a capacity of 6.1 MW by PPC Renewables Romania. The 140 MW wind farm Del ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
The investment market in Poland for Q1-Q3 2025 reflects stable market conditions, with year-to-date volume aligning closely with the Q1-Q3 of 2024. By ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
October marks the peak period of the office real estate market, according to Colliers. Data from the last decade clearly indicates that almost one-thi ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
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 ...
According to JLL and RynekPierwotny.pl, the Price Transparency Act has caused considerable confusion in the housing market, but the anticipated reduct ...
An Osada retail park is currently being developed in the town of Łask in the Łódź district. The 12,000 sqm retail and service complex will feature sev ...
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 ...
Panattoni has purchased a 13 ha plot and is launching a new project in the Podkarpacie region. The first phase of Panattoni Park Rzeszów North II will ...