based Orco Property Group, Opens the
Pachtuv Palace in Prague, Czech Republic
|Prague – October 12, 2004 – Orco Property Group ontinues to expand
their hospitality division with the recent opening of Pachtuv Palace in
Prague, a magnificent landmark offering breathtaking views of the Vltava
River and Charles bridge, located in the heart of the old city.
Orco Hotel Collection also forms part of the hospitality arm of Orco Property Group. A collection of luxury boutique hotels, the Orco Hotel Collection features unique designs in luxurious surroundings, with locations in key Central European cities. The portfolio includes the Andrassy Hotel in Budapest; the Riverside Hotel in Prague, the Hotel Regina in Warsaw and the Imperial Hotel in Ostrava. With the exception of the Imperial Hotel, all hotels are members of the Small Luxury Hotels Association. Aggressive expansion is also underway throughout Central Europe with plans to open hotels in all major Central and Eastern European capitals.
Orco Property Group, the most innovative hospitality and real estate company in Central Europe, will continue the rapid expansion of their hotel and serviced apartment brands throughout Central and Eastern Europe, in response to unmet demand.
Orco Property Group’s founding visionary, President and Chief Executive Officer, Jean-Francois Ott continues to direct Orco’s hospitality division into the future, guiding the firm’s expansion in conjunction with MaMaison Residences CEO, Nicolas Tommasini and Orco Hotel Collection, Managing Director Mr. Gilbert Irondelle.
Orco Property Group is a developer, investor and asset manager of real estate in Central Europe. The company’s portfolio includes commercial and residential properties, hotels and serviced apartments. The company is publicly listed on Euronext-Paris.
Orco Property Group
Sales and Marketing Director
|Also See:||Dirom Building Investments & Development Ltd Selects Hilton International to Operate the Hilton Warsaw & Convention Centre Scheduled to Open in 2004 / March 2002|