Vastint Lithuania prolonged lease agreement Novotel Vilnius Centre

Vastint Lithuania prolonged lease agreement Novotel Vilnius Centre

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.

 

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