Colliers International Poland has arranged the sale of the Orbis Group's Grand Hotel Lodz to an undisclosed private investor for EUR 20 mln. Orbis Group is the largest tourist and hotel group in Poland and Central Europe. Prominently located in the heart of Lodz the Grand Hotel has 161 rooms, three restaurants, a café and an amusement arcade. Conference space in the hotel totals 349 m[sup]2[/sup] in three conference rooms. The Neo-Renaissance style hotel was built in 1888.
Colliers International Poland has arranged the sale of the Orbis Group's Grand Hotel Lodz to an undisclosed private investor for EUR 20 mln. Orbis Group is the largest tourist and hotel group in Poland and Central Europe. Prominently located in the heart of Lodz the Grand Hotel has 161 rooms, three restaurants, a café and an amusement arcade. Conference space in the hotel totals 349 m2 in three conference rooms. The Neo-Renaissance style hotel was built in 1888.
Hadley Dean, managing partner of Colliers International Poland, said of the deal: 'We are delighted to have achieved this major transaction for Orbis. It shows our hotel department is the leader in its field in Poland.'
Alex Kloszewski, director of Colliers International Poland’s Hotel Department, added: ‘The Grand Hotel is one of the great landmark hotels in Poland. We are very proud to have secured its future and to have got a fair deal for our clients.’
