BUCHAREST (Romania), July 30 (SeeNews) – Warsaw-listed hotel group Orbis, the strategic partner of AccorHotels in Eastern Europe, said on Monday it will open the first hotel of the ibis brand in the western Romanian town of Timisoara in the fourth quarter of 2020.
Located in the neighborhood of the city center, the newly-built hotel will offer 200 guest rooms and suites, restaurant, bar, lounge, meeting rooms and own car parking, the group said in a press release.
Ibis is the economy brand of AccorHotels.
"Orbis is the largest hotel group in Eastern Europe and with the arrival of ibis to Timisoara, we are further strengthening our leading position in Romania," Gilles Clavie, president and CEO of Orbis Hotel Group, said.
A management agreement for an initial period of 15 years has been signed between Orbis and its local partner and investor, Hotel Development S.A. for the hotel.
"We are glad to join the AccorHotels Group by bringing Ibis brand to the market of Timisoara, a brand with contemporary design, casual and vibrant social spaces which will complete the today's offer on the Timisoara market," one of Hotel Development's shareholders, Emil Cristescu, said.
Earlier this month, Orbis signed an agreement for the purchase of Mercure Bucharest Unirii hotel in Romania for 11.35 million euro ($13.2 million).
In April, Orbis opened its first ibis Styles hotel in Romania, in the western city of Arad.
Orbis comprises 127 hotels and is the sole licensor of all AccorHotels brands in 16 countries including Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia and Slovenia. It offers a total of 21,000 rooms.
The hotels operate under the brand names Sofitel, Pullman, M Gallery, Novotel, Mercure, ibis, ibis Styles and ibis budget.
($=0.8556 euro)