Rajska Residence opens in Krakow
Rajska Residence is a new aparthotel located in the heart of Krakow’s Old Town. This investment was built in a historic tenement house that has been comprehensively renovated and...
Category: Hotels
Strong recovery for the Bucharest hotel market
The occupancy of Bucharest hotels increased by 33 percent in the first quarter compared with the same period of the last year and remains about 5 percent below the...
Forty Management agrees to open Crest Collection brand in Bucharest
Forty Management has concluded an agreement for a new hotel development to be operated by The Ascott Limited (Ascott), one of the world’s leading hospitality owners and operators with...
Accent Group to open Four Points by Sheraton Budapest Danube
In June, the city’s first Four Points by Sheraton Budapest Danube hotel is set to open in the heart of the 13th district. Accent Hotel Management will operate the...
HR Group takes over Austrian Vienna House and operating companies
Berlin-based HR Group (HRG) takes over the Austrian Vienna House hotel company and its operating companies. The merger also includes the timely acquisition of all Vienna House properties from...
Forward deal in Vienna Twentytwo successfully completed
The hotel real estate expert Christie & Co was commissioned by the project developers SIGNA Group and ARE Development to find a suitable buyer for the Bassena Hotel Wien...
Mercure Białystok hotel opens
The new Mercure hotel invites guests to relax in the atmosphere of the picturesque Podlasie, combining modernity with the unique character of the region. It is the first Mercure...
Improving Prague hotels spiking investor and operator interest
Last but one: such is Prague’s position in terms of occupancy rates in the hotels that were open last year in a ranking of 35 metropolises across Europe. Whereas...
Group OTT acquires the Campanile Cannes hotel
Group OTT, family office of Jean-François Ott, announced the acquisition of the former Campanile Cannes Mandelieu. The 97-room hotel is located right next to the Cannes Mandelieu airport, specializing...
Hotel investment transactions are picking up significantly in Austria
After a slowed-down transaction year 2020, which ultimately found a conciliatory end, the first half of 2021 already records significantly more activity on the market. While an overall hotel...
