Ukrainian companies plan to build an aparthotel in the Polish city of Katowice
The development company “Creator-Bud” has announced the construction of the WOL.100 aparthotel in Katowice (Poland); the international management company Ribas Hotels Group will be responsible for comprehensive management of the apartments and service, the hotel operator’s press service reports. The WOL.100 aparthotel with 71 apartments will appear in the center of Katowice (100a Mikołowska St.), with the completion of construction and renovation work planned for the fourth quarter of 2025. “WOL.100 is a modern aparthotel that offers flexible and mobile accommodation
The development company “Creator-Bud” has announced the construction of the WOL.100 aparthotel in Katowice (Poland); the international management company Ribas Hotels Group will be responsible for comprehensive management of the apartments and service, the hotel operator’s press service reports.
The WOL.100 aparthotel with 71 apartments will appear in the center of Katowice (100a Mikołowska St.), with the completion of construction and renovation work planned for the fourth quarter of 2025.
“WOL.100 is a modern aparthotel that offers flexible and mobile accommodation. It fits perfectly into the growing Katowice market and meets the needs of tourists, business travelers and those looking for a quality mixed-use space. A growing tourist flow, the attraction of business, the development of various industries and high demand for complexes of this format make the hotel an ideal solution for the city,” Creator-Bud development director Dmytro Struk is quoted as saying in the release.
As of 2023, about 4.8 thousand rooms in hotels of various categories were registered in the city of Katowice. According to Statistics Poland, the city is visited by about 1.2 million tourists annually, and the average length of stay is two nights. Demand for rooms exceeds the current supply by 37%, which points to high demand and an expansion of the room stock.
The WOL concept – home+hotel – provides comfortable conditions for living, working and relaxing in one place, regardless of the length of stay, whether 7 days or several months. The infrastructure of WOL.100 in Katowice includes a café, a lobby and reception, a gym, a rooftop and a coworking space on the top floor.
“The greatest competitive advantage of WOL.100 is that it is the first hotel in our network, and generally the second in Ukraine, to guarantee investors a minimum return of EUR 17/sq. m in the first two years. Moreover, thanks to the capitalization of the project, the stable, predictable European market and the recognizability of the property, this amount has growth potential,” notes Ribas Hotels Group CEO and founder Artur Lupashko.
The following forms of investment are offered to investors: purchase of the hotel or investment in apartments, with prices starting from EUR 3.8 thousand / sq. m.
Founded in 2006, “Creator-Bud” is a vertically integrated full-cycle holding company with branches in Kyiv, Lviv and Ternopil. According to the new-build portal LUN, the company has commissioned 36 buildings in 18 residential complexes, with 28 buildings in 14 residential complexes under construction.
Ribas Hotels Group is an international management company established in 2014 in Odesa, whose flagship service is operational management of hotel and restaurant complexes. The company also provides services in concept development, design, support of all stages of project implementation, consulting and franchising for developers.
The company has 28 city, beach and ski hotels under comprehensive management and exclusive booking, under the brands Ribas, Ribas Hotels, Ribas Rooms, WOL home + hotel and Mandra Glamping. The operator’s total room stock exceeds 1,000 rooms. In total, the portfolio includes 55 projects, including those in the design and construction stages.
The company is currently developing properties in Poland, Moldova and Indonesia.