Hotel market to continue growth for 20 years

According to Anna Somorowska, President of the Polish Tourism Development Agency, by 2015 investments in Polish tourism will increase up to zl.46.9 billion, with much of this money to be spent building hotels. According to data from the Polish Hotel Chamber (PIH) there will be 100 new hotels built in Poland this year, compare to 60 built during 2004. Krzysztof Milski, the President of PIH said that even without  Euro 2012 the number of hotels would have steadily increased by 10% a year. Euro 2012 will, however, see investments intensify - particularly around the cities where matches will be held. According to the Economy Ministry, the organization of Euro 2012 will benefit mostly companies from the building and tourism industries. Long-term effects include a greater recognition of Poland and improving infrastructure. Currently eight hotels are being built in Kraków, while Orbis is building four in Tarnów. (Rzeczpospolita, May 12-13, p.B1) M.M.