Near Vilnius airport Park Inn by Radisson Vilnius Airport Hotel & Business Center will be built by UAB Conresta, one of the largest construction companies in Lithuania. Nordic Airport Hotels Fund, the fund developing the hotel project, signed a construction development agreement with Conresta. It is expected that the construction works of the hotel in "VNO business and trade park" will start in 2018. in the IV quarter, and Park Inn by Radisson Vilnius Airport Hotel & Business Center will open its doors to customers in 2020. At the end of the first quarter.
The new 8-story, 5000 sq.m. area hotel will have 120 rooms, 500 sq.m. transformable business meeting space, restaurant, gym. Investments in Park Inn by Radisson Vilnius Airport Hotel & Business Center are planned to reach up to 10 million. euros.
For the construction of Park Inn by Radisson Vilnius Airport Hotel & Business Centre, we have selected very experienced and reliable partners who have successfully implemented several complex public projects. Our knowledge, the experience of the hotel operator Radisson Hotel Group and the professionalism of Conresta will provide the necessary synergy to the Park Inn by Radisson Vilnius Airport Hotel & Business Center project and allow us to further strengthen our competitive advantage," said the Nordic Airport Hotels Fund. manager, owner of Vilnius Kempsinski Radisson Blu Royal Astoria Marius Jakulis Jason.
Conresta UAB, one of the most experienced builders of public, commercial and administrative buildings, has implemented such projects as a 5-star hotel in the restored Pacų palace in Vilnius, SPA Vilnius in Anykščiai, Palanga concert hall, business centers UNIQ, Cube, Domus Pro.
Park Inn by Radisson Vilnius Airport Hotel & Business Center, which will be built next to Vilnius Airport, will be the sixth Radisson Hotel Group hotel in Lithuania and the fourth in Vilnius.
Nordic Airport Hotels Fund, managed by Orion Securities - the largest non-bank financial group in Lithuania - is a real estate investment fund that invests in the development of new hotels starting from the construction stage and the acquisition of existing hotels in good condition in Northern European countries. in 1993 Orion Securities, which started operations in 2017 at the end of 925, he managed XNUMX million euro client assets.
