“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 high demand and success for our projects in Poland,” says Franz Jurkowitsch, CEO of Warimpex.
In Wroclaw, the site acquired by the joint venture will allow the development of 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 center on major streets next to recently opened retail centers. The Campanile Zielona Gora is due to open mid-2010 and the one in Bydgoszcz by the end of 2010.
The joint venture plans to develop further hotels in major Polish cities, including: Gdansk, Katowice, Poznan, Krakow and Rzeszow.