The Latvian hotel company Mogotel Hotel Group continues to expand beyond its home region, following its recent entry into the German, Polish, Hungarian, Slovenian, and Slovakian markets.
The group has already hired a Development Director for Romania and the Republic of Moldova with the aim of establishing a presence in these two countries. This person is Robert Esanu, who previously worked in Bucharest as the General Manager of the Lithuanian company Apex Alliance. On behalf of the group, he announced the intention to enter the Romanian market this year.
The Mogotel Group works with the largest franchise providers in the hotel industry, such as Accor, Wyndham, Hilton, Marriott, IHG, Choice Hotels, and Louvre Hotels Group. The company was founded in 2002, starting initially as a developer. The company then acquired and subsequently sold a small hotel, Hotel Forum, in Riga, Latvia. Later, the portfolio included another 6 hotels in Riga, which, after modernization and development, were sold at a profit.
The company’s debut as an operator took place in 2009 when it took over the management of the 100-room Old Riga Palace hotel. After establishing itself in the Baltic market, Mogotel began active expansion into other European regions.
Today, the company operates 24 hotels in Latvia, Estonia, Ukraine, Germany, Poland, Hungary, Slovenia, Slovakia, and Bulgaria, and declares its strategic goal to ensure a presence in the Romanian and Republic of Moldova markets.
Frequently Asked Questions
Who is managing Mogotel’s expansion in Romania and Moldova?
The expansion is led by Robert Esanu, the newly appointed Development Director, who previously served as General Manager for Apex Alliance in Bucharest.
Which international hotel brands does Mogotel partner with?
Mogotel collaborates with major global franchisors including Accor, Wyndham, Hilton, Marriott, IHG, Choice Hotels, and Louvre Hotels Group.
How many hotels does Mogotel currently have in its portfolio?
The group currently operates 24 hotels across several European countries, including Latvia, Estonia, Ukraine, Germany, and Poland.