Vastint Lithuania UAB and Orbis Group, have decided to extend the actual lease agreement for the next 15 years and agreed upon a general building renovation plan in order to fully unlock the potentials of this prime hotel property.

Novotel Vilnius Center offers 159 rooms, conference facilities and a Novo2 restaurant, and is ideally located – both for business and leisure guests – close to Vilnius Old Town and to the business district. It has been welcoming guests since 2004 and has become a very appreciated address in the capital of Lithuania.

Lithuania and especially Vilnius, is one of the hottest leisure & MICE destination in Europe right now. With the planned modernization of the interiors, including a renovation of the rooms, re-arrangement of the F&B area and MICE facilities, the hotel will become the “place to be” in Vilnius. That’s our ambition.” explains Dominik Sołtysik, Chief Investment & Development Officer, Member of the Management Board of Orbis Group.

The concept presented by the design & technical experts from Accorhotels for that specific and prime hotel property is truly inspiring and promising. We’re simply happy to extend the lease agreement with Orbis Group”. – adds Kęstutis Vedeckis, Managing Director of Vastint Lithuania UAB, owner of the hotel.