Locked content Erbud to build four-star hotel in Świnoujście

Platinum Resort and Erbud will team up to build a four-star hotel complex in Świnoujście, a project valued at PLN 53.47 million, Erbud said in a press release on Thursday. The two enterprises signed a contract to build the hotel, which will comprise three buildings, with construction expected to beg...

Locked content Outlook for hotel industry in Poland good – Orbis VP

The Vice President of Orbis hotels, Ireneusz Węgłowski, stated that in spite of the existence of some potential risk factors, he was optimistic about continued growth for the hotel industry in the country. He was speaking at a debate on Monday in Warsaw regarding the future of the industry. The deba...

Locked content Hilton to open 9 new hotels in Poland

Hilton plans to open nine new hotels in the next few years in various Polish cities, Hilton WorldWide informed. In August, Hilton WorldWide announced that in Gdańsk and Lublin hotels of the Hampton by Hilton brand will be opened. A few days ago, the official opening took place of the DoubleTree by H...

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 More tourists in Polish hotels

According to a report by Christe & Co., the number of tourists staying at Polish hotels grew by 86 percent from 2005 to 2016. Despite a decrease of the average daily rate by 1.9 percent, the revenue per available room grew between 2011 and 2015 and reached and annual growth rate of 2.2 percent. ...

Locked content Warsaw Sheraton changes owner

Starwood has sold a portfolio of eight hotels, including The Sheraton hotel in Poland to Benson Elliot Capital Management LLP and Walton Street Capital, for €420 million, propertynews.pl reported. The European Commission has approved the transaction. In order to acquire the portfolio, Benson Elliot ...

Locked content Indebtness of hotels amounts to PLN 31,6 mln

The Polish  Economic Information Bureau (Krajowy Rejestr Długów – KRD) reported that in 2015 the debt of 1,100 noted hotel businesses amounted to PLN 31,6 million. The creditors come mainly from the  trade sector. Moreover KRD published that in “the last three years the amount of indebte...