Locked content Accor raises offered price for Orbis shares

Accor raised the price in the tender offer for Orbis to PLN 95 from PLN 87,  Santander DM acting as tender intermediary informed. At the end of November, Accor launched a tender offer for 47.31 percent stake in Orbis. As a result,  Accor plans to reach 100 percent stake in Orbis and to delist the co...

Locked content Ibis to build its first hotel in Rzeszów

The first Ibis hotel will be opened in Rzeszów at the beginning of 2019, the company announced in a market filing. The 105 room facility will include a conference area, a restaurant and an underground car park for 92 vehicles. The opening is planned for Q1 2019 and the hotel will be included in the ...

Locked content Ibis Hotel expands to Białystok

Ibis Hotel will open its unit in Galeria Jurowiecka (Białystok) on May 14, the company informed. The new Ibis Styles Hotel will have 129 rooms, a restaurant, sauna, gym and 14 meeting rooms. It will be one of the biggest hotels in Białystok and the first ever in Podlaskie Voivodship belonging to the...

Locked content Orbis takes over Accor hotels in 6 CEE countries

Orbis has finalized the deal with its parent company Accor to take over a chain of 46 hotels in Central Europe based on new Master License Agreement. Orbis has signed a 20 year contract to run hotel business under Accor’s brand in CEE and SEE, with the license being exclusive for at least 10 y...

Locked content Orbis to complete asset purchase in Q1

Hotel operator Orbis is counting on finalizing the acquisition of assets from parent company Accor in the first quarter of 2015, the company’s CEO Gilles Clavie told ISBnews. “We will now be starting cooperation with managers from the countries [that the asset portfolio is in],” Clavie said. Orbis s...