One United Properties to open Mondrian Bucharest hotel in partnership with Ennismore

Ennismore, lifestyle and leisure hospitality company, and One United Properties have signed a partnership for the opening of a Mondrian hotel in Bucharest. Mondrian Bucharest will be located at 8-10 Georges Clemenceau Street, near the Romanian Athenaeum, where One United Properties previously acquired a development site with the intention of transforming it into a hotel.

“This partnership represents a milestone for our company, marking our debut in the hospitality market of Bucharest and, at the same time, a significant step in redefining the luxury landscape of the local hotel industry. For the first time, we are bringing to Romania an internationally renowned brand, Mondrian, which will undoubtedly become a landmark for the city, contributing to the awareness of Romanian culture and traditions on the international stage and to the development of tourism in Bucharest. I firmly believe that the performance of our company goes hand in hand with the performance of Bucharest, which is why continuing investments in the city is one of our long-term objectives”, said Victor Căpitanu, co-founder and co-CEO of One United Properties.

“Bucharest has experienced a remarkable recovery in the tourism sector following the pandemic, and there is a high unaddressed demand for luxury hotels, for sophisticated accommodation options that offer real experiences. I am very pleased to be part of this initiative, which aims to bring a new level of sophistication to the local hospitality landscape and explore unprecedented investment opportunities in Romania’s flourishing hospitality and tourism sector with One United Properties. As the market rapidly expands, our commitment goes beyond just investments. With a focus on tailoring guest journeys and crafting unique lifestyle experiences, we invite you to be part of redefining the future of hospitality in Romania. The Mondrian hotel brand proposes a fusion artistic vision, a successful example of how a unique and memorable experience can be created for the guests. Mondrian is a way of traveling, of exploring, of experiencing”, added Riad Abi Haidar, partner in the Hotel Division of One United Properties.

Chadi Farhat, Brand COO of Mondrian at Ennismore, said: “Mondrian is an iconic global brand, rooted in some of the most exciting destinations across the world. We’re delighted to be partnering with One United Properties to bring Mondrian to Eastern Europe for the first time, to a country that boasts a rich heritage and a vibrant capital, Bucharest, full of elegant architecture and creative communities. Mondrian looks forward to celebrating the city’s unique culture, which is at the heart of the brand’s DNA.”