Sofitel Wrocław Old Town, which has been permanently closed due to the pandemic, is due to reopen as a Wyndham hotel after a new operator – Latvian company Mogotel – was found for the hotel.
This will be Mogotel’s first hotel based in Riga, Poland, as the Latvian operator has been selected for the hotel by Christie & Co. It will be operated under a franchise agreement with Wyndham Hotels & Resorts.
Due to the pandemic it was especially important to select an experienced tenant and we are delighted to have found a reputable international operator to own Mogotel Hotel Group. The hotel offers the best conditions for a strong market entry for Mogotel with its Wyndham franchise brand – and we wish the new operator good luck.
Simon Kronberger, Austria and EEC Director of Christie & Co
The hotel is part of the Wratislavia Center – a mixed-use building which was completed in 2001 on ul. Świętego Mikołaja near the city’s historic market square. It has 205 rooms over four floors as well as eleven conference and meeting rooms that can accommodate between 250 and 400 people – the largest hotel-owned event space in Wrocław. The building also has three restaurants and an illuminated spa with city views.
Mogotel is the largest hotel operator in the Baltic States in terms of number of rooms and hotels.
We are very pleased to have found this leasehold property in a strategically excellent location to continue our expansion plans in Europe.
Ivans Dokicans of the Mogotel hotel group
Wratislavia Center is owned by the French group LFPI, through its Vienna-based investment vehicle FLE, which acts as an investment advisor for its portfolio in Germany, Austria and the EEC region.
Throughout the process we have been very professionally supported by Christie & Co and are proud to have identified a strong partner who can guarantee a secure long term solution for the property.
Alexander Klafsky, managing partner of FLE