New ibis Styles hotel to open in Lower Silesia in 2018

Hospitality company Orbis has signed a franchise agreement regarding the opening of an ibis Styles-branded hotel in Bolesławiec in Lower Silesia. Ibis Bolesławiec is the investor and owner of the project, which is scheduled for completion in the third quarter of 2018. The hotel will offer 60 rooms a...

Orbis sells Mrągowo Resort

Orbis has signed an agreement to sell the Hotel Mercure Mrągowo Resort and Spa for PLN 18.6 million, press reports stated on Friday. The buyer will be the real estate firm Deporium. The sale was divided into one transaction of PLN 7.14 million (to be paid before the date of concluding the contract o...

ibis budget hotel to open in Lublin in 2018

Hospitality company Orbis has signed a franchise agreement regarding the opening of an ibis budget-branded hotel in Lublin in south-eastern Poland. The hotel will be located on ul. Głęboka in the downtown of the city, and will be developed and owned by investor TK Finans Tomasz Księżopolski, with th...

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 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 Orbis profit up in H1, plans to open 23 hotels in 2 yrs

Hospitality group Orbis, a unit of French Accor, recorded consolidated net profits of PLN 71.1 million in H1 2016, compared with PLN 53.28 million in H1 2015, the company announced in a report. The company’s operating profit amounted to PLN 91.52 million in H1 2016, versus PLN 71.35 million in...

Locked content Orbis announces expansion plans

In Q1 2016, Orbis Group signed five new hotel management agreements in Warsaw, Budapest and Sofia. As a result, the chain will gain 705 hotel rooms in total. In addition to this, this year the company will add seven other new hotels (702 rooms) to its network, as the result of previously signed fran...

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...