ARTICLES LABELLED WITH TAG tourism

News Theme parks are the next big business opportunity in CEE
23
Apr
2024

Theme parks are the next big business opportunity in CEE

by Property Forum
Tourism and the commercial real estate industry would both benefit from the existence of theme parks in CEE. Demand is real and exists, however, there are several challenges to address for both investors and developers. Property Forum asked Róbert Székely, Senior Hospitality and Leisure Advisor at Newmark VLK Hungary, to give an overview of the potential of such parks in our region.
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News Hungary's Indotek to buy large hotel in Croatia
12
Jun
2023

Hungary's Indotek to buy large hotel in Croatia

by Property Forum
Hungarian property investor and developer Indotek Group has been granted permission from the Croatian authorities to buy the Jelsa Resort, a huge hotel complex on Hvar Island. The complex offers 1,400 rooms but needs to be refurbished, vg.hu reports.
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News Marriott to open new luxury hotel at Lake Balaton
02
Jun
2023

Marriott to open new luxury hotel at Lake Balaton

by Property Forum
The Le Meridian brand will offer 102 rooms and is scheduled to be open in 2025, telex. hu reports. This will be Marriott's first Hungarian hotel outside Budapest.
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News Accor opens new luxury hotel in Hungary
05
May
2023

Accor opens new luxury hotel in Hungary

by Property Forum
The new five-star Minaro Hotel MGallery offers 100 rooms in the world-famous wine region of Tokaj. This is Accor's first luxury hotel in Hungary outside Budapest.
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News Regional hotel rebranded by Accor in Hungary
06
Apr
2023

Regional hotel rebranded by Accor in Hungary

by Property Forum
The global hotel chain has signed a franchise agreement with the owner of Magyar Király Hotel in the regional city of Székesfehérvár. Accor wants its new facility, officially Mercure Hotel Magyar Király, to become the number-one hotel in the city. The deal is effective from Q3 2023 and was advised by Moore Hungary. 
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News Marriott to open Four Points by Sheraton hotel in Budapest
28
Mar
2023

Marriott to open Four Points by Sheraton hotel in Budapest

by Property Forum
Marriott International has agreed to open the first Sheraton hotel in the Hungarian capital. The grand opening is scheduled for June 2023. The new hotel will offer 105 rooms and a medium size conference facility and will be managed by Accent Hotel Management.
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News Hungary's KÉSZ Group delivers new hotel near Budapest
16
Mar
2023

Hungary's KÉSZ Group delivers new hotel near Budapest

by Property Forum
The four-star facility called Flow hotel was opened in Inárcs on Thursday and is to welcome conferences and ceremonial events such as weddings. It was financed in total by a private investor. 
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News Hungary’s Appeninn divests entire tourism property portfolio
31
Jan
2023

Hungary’s Appeninn divests entire tourism property portfolio

by Property Forum
The asset management company closed the sale of its 51% share in Solum-Invest Ltd. That was the last unit in its tourism-related portfolio.
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News Hotel investors are more cautious than ever before
24
Nov
2022

Hotel investors are more cautious than ever before

by Property Forum
Hotels are under extreme pressure across Europe and there is no investors’ rush to put money in these assets under the current tough economic conditions. Property Forum asked Péter Takács, Investment Director at Newmark VLK Hungary about the way out from this crisis and the chances of local mid-size investors in the CEE region.
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News Hungary’s hotel market gets more attractive for foreign investors
02
May
2022

Hungary’s hotel market gets more attractive for foreign investors

by Property Forum
New international hotel chains will appear in Budapest for the first time. Budget hotels will remain competitive. Slow recovery of conference tourism gives some hope to the hospitality industry in Hungary, Csaba Tóth, Director, Head of Hotels at CBRE Hungary says to Property Forum.
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Latest news


New leases

  • Hillwood Polska has relocated its office to Warsaw's Plac Małachowskiego office building. The company will occupy space on the fifth floor of the building.
  • Primark is opening its seventh shop in Poland. Another outlet of the chain will be opened in the Zielone Arkady shopping centre in Bydgoszcz. The store will occupy a total retail space of 3,200 sqm on two floors.
  • GTC in collaboration with The Shire Beyond Coworking, is isopening a new coworking space in Korona Office Complex in Kraków.

New appointments

  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
  • Stage Capital has announced the appointment of Jacek Kołodziejski as Country Director in Poland. His role is to manage Stage Capital's retail property portfolio in Poland and to guide the growth of its value through expansion of existing facilities and acquisitions with growth potential.
  • Tomasz Waligórski will take over as General Manager of the Carrefour chain in Poland from 1 November. In this function, he will replace the previous, long-standing director of the Polish branch, Tareck Ouaibi.

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