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Orbis considers splitting activities

Anna Pakulniewicz 15 April 2019

Anna Pakulniewicz

Journalist

+48 22 356 25 07
anna@eurobuildcee.com

Ania covers the Baltic states’ real estate markets, architecture and urban planning in Warsaw as well as interior design. She is also the co-founder of Eurobuild TV. Among others, she has been employed by TVN CNBC, PAP Insider, WBJ (The Observer), Poland Monthly and IMM. She graduated from the Warsaw School of Economics, majoring in international relations. She has also completed postgraduate studies in macroeconomic analysis. In addition to this, she studied Lithuanian philology

Orbis considers splitting activities
Novotel Warszawa Centrum managed by Orbis

POLAND Orbis, a Polish hotel manager and owner that is partly owned by Accor, is considering separating its core activities according to whether they are asset light or asset heavy.

The board has commissioned a review of the consequences of separating the company’s real estate business (mainly hotel properties) and its services business (hotel management and other services) in all the countries where it operates. Only once all of the planned analyses have been completed will further action to be taken.

Orbis has also signed an agreement with its partner Accor under which Accor will advise Orbis in the re-examination of its business.

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