WALLESS Advised the Buyer in the Acquisition of Radisson Blu Hotel Klaipeda

WALLESS advised the buyer in the acquisition of Radisson Blu Hotel Klaipeda, located in Klaipeda city, Lithuania. Previously owned by Baltic Holding AS, the hotel area comprises 3 490 square meters and has 74 rooms. Although the hospitality sector was one of the hardest-hit commercial property sectors during the pandemic, investments in hotels are still on the rise and can be a profitable solution in the near future.

WALLESS Weekly Review

Subscribe and receive the summary of the Lithuanian Supreme Court's rulings every week in your inbox. The information is prepared by the WALLESS Arbitration and Dispute Resolution Team.

Please note that review is in Lithuanian.