UKRAINE Reikartz Hospitality Group has opened a three-star Optima business hotel in the centre of Donetsk.
RUSSIA Occupancy levels on the Moscow hotel market seem to be hitting a peak and are not likely to change this year, but slight falls in the ADR indexes can be expected, according to the latest ‘Moscow Hotel Market Update’ by Jones Lang LaSalle.
POLAND Modernisation work on the Jagusia Children’s Spa Hospital in Kudowa-Zdrój near Kłodzko in Lower Silesia is to be completed in 2014.
POLAND Construction work has started on the aquapark within the Hotel & Resort Plaza project being developed by Condohotels.
POLAND Allcon Budownictwo has been commissioned by Qualia Development to carry out the first stage of the construction work on a project in the seaside town of Jurata.
POLAND J.W. Construction is planning to open a four-star hotel in the former Dana clothing factory in Szczecin.
POLAND Work has begun on the renovation of one of the buildings in the Uzdrowisko Świeradów-Czerniawa health resort, which belongs to Polska Grupa Uzdrowisk.
HUNGARY A four-star medical hotel is under construction in the town of Esztergom near Budapest in an investment of HUF 1.2 bln (app. EUR 4 mln).
POLAND Uzdrowisko Cieplice-Grupa PGU is to start modernising the Długi Dom health resort in Cieplice in 2014.
RUSSIA Supply on the Moscow hotel market is to increase dramatically in the next five years with 13,000 new hotel rooms to be delivered by 2018, according to new research by Jones Lang LaSalle.
POLAND The three-star Mercure Wisła Patria in Wisła has joined the Mercure hotel chain – the nineteenth Mercure hotel to open in Poland.
CEE REGION Insolvent Irish investor Quinn Insurance and its administrators Grant Thornton Dublin have sold the Sheraton Kraków and Hilton Sofia hotels for a combined EUR 62 mln.
CROATIA Orco has resumed legal proceedings against the state of Croatia over Sunčani Hvar, a company listed on the Zagreb stock exchange, which was set up by the two parties in order to develop the tourist potential of the island of Hvar.
RUSSIA The investment costs of the Accor mixed-use complex on Kievskaya street in Moscow are to come to USD 250 mln, Khikhinashvili Teimuraz, the president of Patero Development has revealed to ‘RIA Novosti’.
CZECH REPUBLIC Warimpex Finanz- und Beteiligungs has announced that it has sold the five- star Le Palais hotel in central Prague to a private European investor.
POLAND The Luxury Collection Bristol Warsaw hotel has been sold to a consortium of international private investors with existing luxury hotel interests.
POLAND Three Ibis hotels in Warsaw– Ibis Warszawa Stare Miasto, Ibis Warszawa Centrum and Ibis Warszawa Ostrobramska – now feature a new restaurant concept called Ibis Kitchen.
UKRAINE Reikartz Hospitality Group is planning to establish a new hotel chain, with the opening of Optima Hotel in Cherkasy in December.
CROATIA Following a EUR 17 mln renovation, the Belvedere Medulin will be rebranded to Park Plaza Belvedere Medulin.
POLAND The B&B Wrocław Centrum hotel has opened on ul. ks. Piotra Skargi in Wrocław.
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In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real e ...
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