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.
POLAND The first stage of the refurbishment of the Sofitel Warsaw Victoria hotel, which is owned by the Orbis hotel group, has been completed.
RUSSIA Mebe Development is to build a four-star Mercure hotel in Khimki in the Moscow region.
POLAND The four-star Interferie Sport Hotel (the former Bornit hotel) in Szklarska Poręba is to be renovated.
RUSSIA Dubai-based international luxury hotel chain Jumeirah is to open its first hotel in Russia within the next three years.
RUSSIA International hotel chain Hyatt is planning to open six hotels in Russia by 2017.
POLAND Zdrojowa Invest has acquired the Diune Hotel***** & Resort hotel and apartment project in Kołobrzeg from BNP Paribas Bank.
POLAND Orbis has signed a franchise agreement with the Patria hotel in Wisła.
RUSSIA Carlson Rezidor is two build two hotels by 2016 in the grounds of the historic All-Russian Exhibition Centre in Moscow.
CEE REGION Warsaw has the best value five-star hotels in the world for the third year running, according to hotels.com’s Hotel Price Index for H1 2013.
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