Locked content Orbis net profit rises to PLN 80 mln in Q3

The Orbis Hotel Group recorded a consolidated net profit of PLN 80.05 million in Q3 of 2016, up from PLN 75.8 million a year earlier, the company announced. The operational profit amounted to PLN 104.82 million versus PLN 95.33 million a year before, while consolidated sales revenues stood at PLN 39...

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 JSW announces tender for sale of Różany Gaj Hotel

Jastrzębska Spółka Węglowa (JSW) has put Różany Gaj Hotel in Gdynia up for sale for the same price as in the previous tender – PLN 24.8 million. The tender is to be held on October 20. It is not the first attempt to sell the hotel – the company has been trying to offload the hotel for fi...

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 with higher revenues in Q1 2016

The Orbis group reported revenues of PLN 247.2 million in Q1 2016, an increase of 7.9 percent year-on-year, Orbis announced. The company also said that their occupancy rate (in Poland) amounted to 56.7 percent, compared with 53.5 percent last year. The average price for a room stood at PLN 198.9 (VA...

Locked content Orbis plans construction of 4 hotels

Orbis Vice-President Ireneusz Węglowski announced that the group will open four new hotels in the near future. Two of these projects are already being built in Kraków and Gdańsk, and both are scheduled to open at the end of this year. Another hotel will be erected in Szczecin, though it is still unk...