HUNGARY Dubai-based developer Al Habtoor Group has acquired InterContinental Budapest, the company informed.
BOSNIA AND HERZEGOVINA Marriott will open its first Courtyard hotel in Bosnia and Herzegovina next year. The 130-room facility is scheduled to open in mid-2015 in Sarajevo. This will be Marriott International’s second venture in the country after it launches its Residence Inn Sarajevo in early 2015.
CROATIA Austrian banking group Hypo Alpe-Adria-Bank International has put the Lisanj hotel in Novi Vinodolski up for sale.
RUSSIA According to the latest report by JLL, in 2014, the quality hotel market in Moscow has seen a 4-pct drop in occupancy rates (down to 59 pct) and a 1-pct drop in the ADR (now at the level of RUB 6,000). This fall can be attributed to the political turmoil in Ukraine and sanctions put on Russia as a result, the analysts write in the “Moscow Hotel Market” report.
POLAND Real estate developer Doctor Q Bud will build a new, Best Western-branded hotel at Kraków-Balice airport. The project is now undergoing the final phase of designing and planning. Best Western Balice Airport Kraków is scheduled to open in the first half of 2016.
HUNGARY CIB Group has appointed Cushman & Wakefield to sell the Rózsadomb (Rose Hill) site of the unfinished Szot hotel in Budapest.
LATVIA The first hotel of the Ibis Styles brand, which is owned by the Orbis/Accor hotel family, is to be opened in Riga.
POLAND The Novotel hotel brand, which belongs to Orbis/Accor, is introducing a new gastronomy format to four of its Polish hotels – Novo2 (Novo Square).
POLAND A hotel operated by the Best Western franchise chain is to be opened in Brzeg near the Galeria Brzeg shopping centre.
POLAND Mazowiecki Port Lotniczy Warszawa-Modlin (or Modlin Airport) is planning to build a hotel with app. 90 rooms.
CZECH REPUBLIC Avestus Capital Partners has sold the Four Seasons hotel in Prague to US company Northwood Investors for an undisclosed sum, according to idnes.cz.
POLAND The Qubus Hotel chain is introducing a new hotel concept, Alto, designed for smaller town markets.
CEE REGION Foreign guests now pay significantly less for hotel rooms in Kyiv and Moscow, due to the weakening of the hryvnia and the ruble, according to the latest Price Barometer report by online booking service hotel.info.
POLAND The Best Western Plus Q Hotel Wrocław was opened at the beginning of May.
POLAND Orbis has signed a contract with Alx Invest to buy a plot in Kraków.
POLAND Orbis group enjoyed improved results for Q1
RUSSIA A 242-room Holiday Inn hotel is to open in Stavropol in southwestern Russia, with the opening scheduled for 2017.
WORLD The B&B Hotels Group recorded a 9 pct y-o-y (EUR 287 mln) increase in turnover for 2013.
RUSSIA Moscow hoteliers are likely to decrease average daily rates to avoid falling occupancy, according to research by JLL.
RUSSIA Dubai-based hotel chain Paramount Hotels & Resorts is to enter the Russian market, according to izvestia.ru.
Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory ...
According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated b ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Kreo, Ghelamco's Kraków office project, has achieved BREEAM certification at the Outstanding level. The building also has a WELL and Green Building St ...
Eurobuild Awards 2023 is behind us, but if you haven't yet gotten your hands on the special "Eurobuild" supplement prepared for the Gala evening, you ...
The next edition of our monthly magazine is now available both in paper and digital versions! Traditionally, the new issue was first sent to our confe ...
Welcome to Eurobuild FM! We invited an excellent expert to the today's episode – distinguished structural engineer Tristram Carfrae, deputy chair of w ...
We regret to inform you that Piotr Kroenke, long-time general director of GTC and co-creator of many of the company's successes, has passed away.
This latest episode of 'Eye to Eye' is hot out of the podcast oven and ready to listen to! Eurobuild’s guest today is Paweł Sapek, the head of Prologi ...
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almos ...
Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held th ...
The investment programme until 2030 worth more than PLN 1.5 bln has been approved for Katowice's Wojciech Korfanty Airport. The programme will include ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
The first fund investing in REITs, Mount Globalnego Rynku Nieruchomości FIZ, made its debut on the Warsaw Stock Exchange.
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the constr ...
Already 64 pct of Warsaw’s office buildings offer at least one retail or service unit, reveals Retail @ Office, the latest report from Cushman & Wakef ...
M Core announces the launch of ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new managem ...
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec su ...
According to the Berlin 2024 Residential Market Report by real estate financier Berlin Hyp and real estate service provider CBRE, purchase prices have ...
Prague is the only city in the CEE region to boast a Prime High Street, a shopping street with only the most prestigious global brands. This location ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
Panattoni announces its expansion into the Middle East with the launch of an operation in Saudi Arabia. The company’s initial focus is on three of the ...