France's Louvre Hotels and Warimpex of Austria have acquired three plots in major Polish cities to develop Campanile and Premiere Classe hotels, comprising a total of more than 500 rooms, under the auspices of their joint venture.
France's Louvre Hotels and Warimpex of Austria have acquired three plots in major Polish cities to develop Campanile and Premiere Classe hotels, comprising a total of more than 500 rooms, under the auspices of their joint venture.
'Our projects in the joint venture with Louvre Hotels are well on their way. In most parts of Central and Eastern Europe there is still some catching up to do in terms of budget hotels. Thus, we are expecting good demand and success for our projects in Poland,' says Franz Jurkowitsch, CEO of Warimpex.
The site acquired by the joint venture in Wroclaw will be used to develop a multi-brand project under the brands Campanile and Premiere Classe. The project is planned to be delivered by the end of 2010.
In Bydgoszcz and Zielona Gora two Campanile projects will be implemented in the city centre on major streets next to recently opened retail centres. The Campanile Zielona Gora on Wroclawska Street is due to open mid-2010 and the one in Bydgoszcz on Jagiellonska Street by the end of 2010.
