
CPI Property Group has introduced a project for the expansion of the Clarion Congress Hotel in České Budějovice, with extensions to hotel rooms and a brand a new multi-purpose hall. Investor confidence in the locality is strong, this year in České Budějovice, nearby the hotel, the Group will be completing the extensive reconstruction and brand new addition of the IGY shopping centre. The Group also owns and operates the Géčko shopping centre in České Budějovice.
“We see great potential in the long term attractiveness of the South Bohemian capital which has encouraged us to invest in this expansion. To the existing hotel we will create a completely new congress hall with a capacity of up to 800 visitors, with the addition of 75 new hotel rooms to be built on three floors”, said Zdeněk Havelka, Executive Director of CPI Property Group.
The start of construction is scheduled for the beginning of 2019, with the opening ceremony expected to take place in mid-2020. Construction costs are estimated at €14 million with total investment costs reaching €16 million.