Intercontinental to build new hotel in Warsaw

UBM Development will develop a new Intercontinental hotel in the city center of Warsaw, under the brand of Holiday Inn. The investment is to reach a value of €25 million, propertynews.pl reported. The Holiday Inn Warszawa-City Center scheme will be carried out on Twarda street and will feature 254 rooms. Construction work is to begin in the first quarter of next year and will last some 22 months.