UKRAINE In H1 the hotel occupancy in Kyiv dropped to 28 pct, an all-time low, compared to 50 pct in the first half of 2013, according to the latest Hotel Intelligence report by JLL.
POLAND Carlson Rezidor Hotel Group has decided to open a five-star Radisson Blu Resort in Świnoujście as part of the Baltic Park Molo complex, developed by Zdrojowa Invest. This will be the first Radisson Blu Resort-branded hotel in Poland.
RUSSIA The Park Inn by Radisson Pulkovo Airport hotel in St Petersburg has been opened.
POLAND The Hampton by Hilton Wrocław City Center West is to be developed after the signing of an agreement between Hilton Worldwide and Rialto.
CEE REGION Prague-based hotelier CPI Hotels, a part of the Czech investment group CPI, has become an operator for ten Orco Property Group-owned hotels located across the Czech Republic, Slovakia, Poland, Hungary and Russia, nine of which have been forming a regional chain, Mamaison.
HUNGARY Dubai-based developer Al Habtoor Group has acquired InterContinental Budapest, the company informed.
BOSNIA AND HERZEGOVINA Marriott will open its first Courtyard hotel in Bosnia and Herzegovina next year. The 130-room facility is scheduled to open in mid-2015 in Sarajevo. This will be Marriott International’s second venture in the country after it launches its Residence Inn Sarajevo in early 2015.
CROATIA Austrian banking group Hypo Alpe-Adria-Bank International has put the Lisanj hotel in Novi Vinodolski up for sale.
RUSSIA According to the latest report by JLL, in 2014, the quality hotel market in Moscow has seen a 4-pct drop in occupancy rates (down to 59 pct) and a 1-pct drop in the ADR (now at the level of RUB 6,000). This fall can be attributed to the political turmoil in Ukraine and sanctions put on Russia as a result, the analysts write in the “Moscow Hotel Market” report.
POLAND Real estate developer Doctor Q Bud will build a new, Best Western-branded hotel at Kraków-Balice airport. The project is now undergoing the final phase of designing and planning. Best Western Balice Airport Kraków is scheduled to open in the first half of 2016.
HUNGARY CIB Group has appointed Cushman & Wakefield to sell the Rózsadomb (Rose Hill) site of the unfinished Szot hotel in Budapest.
LATVIA The first hotel of the Ibis Styles brand, which is owned by the Orbis/Accor hotel family, is to be opened in Riga.
POLAND The Novotel hotel brand, which belongs to Orbis/Accor, is introducing a new gastronomy format to four of its Polish hotels – Novo2 (Novo Square).
POLAND A hotel operated by the Best Western franchise chain is to be opened in Brzeg near the Galeria Brzeg shopping centre.
POLAND Mazowiecki Port Lotniczy Warszawa-Modlin (or Modlin Airport) is planning to build a hotel with app. 90 rooms.
CZECH REPUBLIC Avestus Capital Partners has sold the Four Seasons hotel in Prague to US company Northwood Investors for an undisclosed sum, according to idnes.cz.
POLAND The Qubus Hotel chain is introducing a new hotel concept, Alto, designed for smaller town markets.
CEE REGION Foreign guests now pay significantly less for hotel rooms in Kyiv and Moscow, due to the weakening of the hryvnia and the ruble, according to the latest Price Barometer report by online booking service hotel.info.
POLAND The Best Western Plus Q Hotel Wrocław was opened at the beginning of May.
POLAND Orbis has signed a contract with Alx Invest to buy a plot in Kraków.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
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 ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
Here it is at last! The latest issue of Eurobuild is out fresh from the printers, and in it, as always, there's plenty of market news, expert opinions ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
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 Moxy Hotels brand has announced the expansion of its European portfolio to 100 hotels by the end of 2025. 17 more hotels are to open by the end o ...
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 ...
Ghelamco has renewed its partnership with Polish railway operator PKP SA and its real estate division Xcity Investment related to the redevelopment of ...
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 ...
Hillwood Polska and mBank have closed a financing deal of more than EUR 38 mln for the construction of the Hillwood Zgierz II logistics park. This is ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Cavatina Holding has obtained an occupancy permit for the Grundmanna Office Park office building in Katowice. Building A will provide almost 21,000 sq ...
Cushman & Wakefield has been appointed property manager of the Vibe office building. Ghelamco’s latest development delivered 15,000 sqm to the Warsaw ...
The most famous palm tree in Poland will be owned by the Museum of Modern Art. One of Warsaw's best-loved art installations will soon undergo a major ...
Archicom is planning a new housing estate in Warsaw. The developer wants to implement its latest project, designed by the WWAA studio, at the intersec ...
Mitiska REIM has announced the opening of a new retail park in the Romanian city of Pitesti, one of four new development projects planned to open by M ...
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 ...
Raben Group has moved into its newest warehouse and shipping centre in the CTPark Warsaw West complex near Warsaw.