Hotels

Hotels

Polaris and Mirbud reach agreement

POLAND Mirbud is to continue work as the general contractor of the DoubleTree by Hilton hotel in Warsaw’s Wawer district after the company’s management was reported as having reached an agreement with the investor, Polaris Hospitality Enterprises.

Hotels

EUR 92 mln resort to be built in Yalta

UKRAINE Yalta-Intourist (Ялта-Интурист) and the Crimean authorities have signed a memorandum for an investment of UAH 1 bln (EUR 92 mln) in the construction of a large resort in Yalta.

Hotels

First DoubleTree by Hilton in Poland opens

POLAND A four-star DoubleTree by Hilton hotel has opened in Łódź.

Hotels

Olympic Entertainment plans Tallinn Hilton

ESTONIA Olympic Entertainment Group is to develop a 202-room Hilton hotel on the site of the current Reval Park Hotel & Casino in Tallinn in an investment of around EUR 36 mln.

Higher occupancy with lower profits for Orbis

POLAND Orbis has reported revenue of PLN 316.9 mln for H1 2013, 11.7 pct down on the first half of the previous year.

Hotels

Four investors compete for Polskie Tatry

POLAND Four potential investors have made it through to the next stage of the tender to buy Polskie Tatry.

Hotels

EUR 500 mln Azerbaijani investment in Kumbor

MONTENEGRO An Azerbaijani investor is planning to spend EUR 500 mln for the development of a resort in Kumbor on the shore of the Bayof Kotoron the Adriatic Sea.

Hotels

Bonifacio ready for guests

POLAND BFC has opened the Bonifacio hotel in Kępa, a town 70 km north of Warsaw. The hotel offers 45 rooms, two restaurants, a ChillOut nightclub, crèche facilities, as well as a spa and wellness area.

Hotels

Hotel Bristol comes under Starwood’s wing

UKRAINE Starwood Hotels & Resorts Worldwide has announced that the Hotel Bristol in Odessa will join The Luxury Collection portfolio.

Hotels

Orco and Croatian government declare ceasefire

CROATIA Orco and the Croatian government have suspended legal proceedings and agreed to a roadmap regarding the future of Sunčani Hvar, a company listed on the Zagreb stock exchange in which both parties hold large stakes.

Hotels

Polish company to build underwater hotel in Maldives

WORLD Deep Ocean Technology of Gdańsk has signed a contract with Ridgewood Hotels and Suites for the sale of the concept, the technology and the construction of the Water Discus underwater hotel in Maldives.

Hotels

Accor opens Novotel Moscow City

RUSSIA The 360-room Novotel Moscow City hotel has been opened.

Hotels

Best Western to open in Opole

POLAND A new Best Western hotel is to open in the autumn in Opole. The three-star hotel on ul. Waryńskiego will offer 28 guest rooms and two suites, as well as a restaurant, a bar, and a conference room.

Hotels

Hotel Praha demolition provokes fury

CZECH REPUBLIC PPF group, which bought the Hotel Praha in Prague last month, has confirmed plans to demolish the communist-era building.

Hotels

Four Seasons opens in Petersburg

RUSSIA The Four Seasons Hotel Lion Palace has opened in St Petersburg.

Mysterious Qubus concept

POLAND The Qubus Hotel chain is to introduce a new hotel concept.

Hotels

Construction of Baltic Park Molo to start soon

POLAND Zdrojowa Invest has obtained a final building permit to build the Baltic Park Molo complex in Świnoujście.

18th Mercure hotel in Poland

Hotels

Palace Hotel in new hands

CZECH REPUBLIC Warimpex Finanz- und Beteiligungs has sold the five-star Palace Hotel in Prague to a Czech investor.

Three sisters changes hands

ESTONIA The Three Sisters Hotel in Tallinn's Old Town has been taken over by Petramark.