Hotels Archives

Hotels

Hagag Development Europe purchases first hotel in Romania

Real estate developer Hagag Development Europe consolidated its local portfolio and announced the acquisition of Susai Hotel, a property located in Predeal, Romania’s most prominent mountain resort. The company...

Hotels

Good Summer boosts Prague’s hotels, however, uncertainty remains

Occupancy rates in Prague’s hotels were 50 percent higher during the summer holidays this year in comparison with last July and August, propelling Prague upwards in the European cities’...

Hotels

Christie & Co successfully places Wyndam in Wroclaw

Christie & Co has found a new tenant for the former Sofitel on the main square with Mogotel, who will operate the hotel in Wroclaw’s city centre under the...

Hotels

Investor interest in Prague hotels continues

The occupancy level in Prague’s hotels was just 10 percent during the first six months of this year, with revenue remaining far below the average of the pre-coronavirus years....

Hotels

Ceetrus opens €16 million hotel in Brașov

Real estate developer Ceetrus has opened Hotel Qosmo within its mixed-use projects Cartier Coresi in Brașov. The 4-star hotel was completed following an investment of €16 million. It features...

Hotels

Ibis Bucharest Politehnica Hotel opens

The newly built ibis Bucharest Politehnica features 158 comfortable rooms, an Albert’s Place restaurant, a bar, a conference area for up to 150 guests as well as its own...

Hotels

Lithuanian group opens luxury hotel in Bucharest’s Old Town

Lithuanian group Apex Alliance Hotel Management opened the Marmorosch Bucharest Hotel, Autograph Collection in Bucharest’s Old Town area. The hotel is located in the former Marmorosch-Blank Bank palace, close...

Hotels

Will ‘revenge demand’ revive the hotel sector?

The 75 percent occupancy limit does not mean working at full capacity, but the recovery of the hotel market is driven by the return of holiday travel and stronger...

Hotels

WING completes B&B Hotel Budapest City

WING has completed the first Hungarian unit of B&B Hotels, having converted the former Angyal office building in Boráros Square, on the bank of the Danube in Budapest. The...

Hotels

Babes-Bolyai University buys hotel in Cluj-Napoca

The Faculty of Law of the Babes-Bolyai University purchased the Opera Plaza Hotel in Cluj-Napoca for RON 40 million (around €8.1 million), according to real estate agency RE/MAX Romania,...

Hotels

Wyndham opens new hotel in Budapest

Wyndham Hotels & Resorts announced the opening of H2 Hotel Budapest, Trademark Collection by Wyndham, the latest addition in Wyndham’s portfolio of Trademark properties across Europe and its first...

Category: Hotels