Radisson Hotel Group debuts in Montenegro
Radisson Hotel Group announced at HOTCO 2024 its debut in Montenegro with the signing of Radisson Blu Hotel & Resort, Kolasin. The 188-room hotel consisting of spacious standard rooms...
Category: Hotels
Despite some obstacles region’s hotel markets are improving
Christie & Co has published its annual “Business Outlook 2024” report, which highlights the key market activities, trends and challenges of 2023 and provides forecasts for 2024. The report...
First Kempinski hotel in Romania to open following €70 million investment
Kempinski Hotels, one of the oldest luxury hotel groups in Europe, will open a five-star unit in the popular mountain town of Poiana Brașov in partnership with Rock Development...
One United Properties and Ennismore to open exclusive lifestyle hotel in downtown Bucharest
One United Properties, a green investor and developer of residential, mixed-use, and office real estate in Romania announced it has signed a memorandum of understanding with Ennismore, the largest...
Hotels must improve ESG credentials and reduce carbon footprint says report
Cushman & Wakefield and CMS presented the key findings from the fourth edition of their joint report on the hotel investment scene in CEE: Getting Real about ESG in...
Continued Growth in the Hotel and Tourism Industry
Following the combined impacts of the COVID-19 pandemic, the Ukraine war and the global economic situation, the tourism market has exhibited a faster-than-expected recovery. In the second quarter of...
Radisson Hotel Group to operate hotel within the Central District Lagoon City development
Forty Management announced that Radisson Hotel Group has been selected to be the operator of the hotel component in the Central District Lagoon City, with the hotel operating under...
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...
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...
