ARTICLES LABELLED WITH TAG hotel

13
Apr
2016

Unprecedented optimism in the Hungarian hotel market

by Ákos Budai

The Hungarian hotel market is characterised by optimism, which can be observed in both the development and investment markets. Investors in Budapest are planning to begin multiple projects, the capital will soon be see projects with some 600-800 five star and 1000-2000 four or fewer star rooms. Several projects are likely to manifest in the countryside too, where booking and income-profit indicators show a significant increase and provide developers with motivation.

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Latest news

New leases

Enlarged showrooms for three brands - Tommy Hilfiger, Calvin Klein and Marc o'Polo - have opened in the Wrocław Fashion Outlet. The space they occupy has increased by a total of 500 sqm
P3 Logistic Parks has leased the last available space in P3 Łódź City III. Rock Communication will occupy 9,290 sqm of manufacturing and warehouse space to be used for production and distribution of fibre optic and power cables.
The tenants of the Galeria Wołomin retail park near Warsaw have been joined by the Tedi chain. The new salon took up an area of over 700 sqm.

New appointments

Ghelamco Invest has announced the reorganisation of its board of directors. Jarosław Zagórski, Joanna Krawczyk-Nasiłowska, Arnold Neuville, Jarosław Fiutowski, Damian Woźniak and Rafał Gierczak resigned as members of the company's board. As a result, the board consists of Paul Gheysens, Michael Gheysens, Marie-Julie Gheysens, Christiaan Heggerick and Jarosław Jukiel. This reduced number of board members (from 11 to 5) is expected to streamline the decision-making process, allowing all stakeholders to focus on their core roles.
Joanna Bieniek has taken up the position of Head of Leasing at Galeria Askana in Gorzów Wielkopolski (Western Poland). Prior to joining the Galeria Askana team, she headed the leasing department at Cream Property Advisors.
Balint Szécsényi has resigned as a member of GTC's supervisory board with immediate effect. The resignation was announced by the company's Board of Directors.

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