First ibis hotel in Timisoara will open by end-2020

Polish group Orbis has signed a management agreement for 15 years with Romanian company Hotel Development for the opening of the first ibis hotel in Timisoara, Western Romania. The newly-built hotel, located in the city center, will have 200 guest rooms and suites, restaurant, bar, lounge, meeting rooms and own car parking. The hotel is expected to open in the fourth quarter of 2020, according to the company’s announcement. “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. I’m convinced that the internationally well-known and recognized ibis brand, with the regional support of Orbis will ensure a great visibility for the destination of Timisoara and the hotel, thanks to the provided guest experience, will be key contributor to the quality of hospitality in the city,” said Gilles Clavie, President & CEO of Orbis. The Orbis Hotel Group is the largest network of hotels in Poland and in Eastern Europe. Orbis comprises 127 hotels and is the sole licensor of all AccorHotels brands in 16 countries including Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia and Slovenia. It offers a total of almost 21,000 rooms. The hotels operate under the brand names Sofitel, Pullman, MGallery by Sofitel, Novotel, Mercure, ibis, ibis Styles and ibis budget. Hotel Development is a newly created company owned by local investors Marius and Emil Cristescu, two of Romania’s richest. The Cristescu brothers also own the four-star hotel Timisoara, in the center of the city, and a three-star hotel in Sannicolau Mare. They also own one of the biggest adventure parks in Romania, Arsenal Park Orastie. The investors also own several important industrial companies, including the Faur industrial platform in Bucharest. Ibis Styles hotel opens in Western Romania Polish group Orbis buys Mercure hotel in downtown Bucharest editor@romania-insider.com (Photo source: the company)