Orbis sells real estate worth PLN 14.3 mln

Hotel operator Orbis has signed a preliminary deal with Melior Investments to sell a property in Warsaw for PLN 14.3 million, the company announced. Orbis said the transaction is part of the company's strategy to focus its activities on the hotel industry. Orbis hotels operate under brands owned by Accor: Sofitel, Novotel, Mercure, ibis, ibis budget and ibis Styles.