The Radisson Hotel Group is delighted to announce the signing of a new property to Radisson Collection, the brand reserved for the group's most exceptional hotels worldwide, in Budapest, Hungary.
Budapest is the capital of Hungary and the ninth-largest city in the EU, with close to 1.7 million inhabitants in 2018. Budapest traditionally had a strong industrial focus, but has since shifted to the service industries including banking, finance and real estate. The city is also a cultural and historic centre, with several renowned monuments including UNESCO World Heritage sites such as the Buda Castle district and the banks of the Danube. The city is also filled with various museums, parks, squares and a variety of restaurants and bars, making it the perfect weekend destination.
Peter Buday, Chef Concierge at Four Seasons Hotel Gresham Palace Budapest, is also the President of Les Clef d'Or Hungary, the local branch of the prestigious international organisation of concierges.
Hyatt announced today that a Hyatt affiliate has entered into a management agreement with Városház Utca Projekt Ingatlanforgalmazó Kft. for the first Hyatt Regency hotel in Budapest, Hungary. The 231-room property is expected to open in early 2020.
Moving from his position as General Manager at a Marriott in Turkey, Arne Klehn brings over 20 years' experience across the tourism and hospitality industry with him to head-up Budapest's Marriott Hotel, as it continues to thrive among the city's leading hotels.
The Ritz-Carlton, Budapest has announced the appointment of new hotel manager Kinga Engelbrecht, who will also fill the position of acting general manager until the GM’s position is filled. Engelbrecht has more than 15 years of experience in the hospitality industry, joining The Ritz Carlton, Budapest from The Loren at Pink Beach Resort, Bermuda, where she acted as GM. She has previously won the title of “Hotelier of the Year” and “Young Hotelier of the Year” in Hungary.
Hyatt Hotels Corporation (NYSE: H) today announced plans for the Párisi Udvar Hotel in Budapest – joining Hôtel du Louvre in Paris as the second hotel in Europe for The Unbound Collection by Hyatt and third outside of the U.S.
'Having recovered from the global recession, the Hungarian hotel market, Budapest in particular, is once again growing. However, a shortage in the workforce for the industry is becoming an increasing problem. Attila Radvanszki from Horwath HTL Hungary offers some potential alternatives as a way to mitigate the risk of this becoming a more serious issue.' By Attila Radvanszki of Horwath HTL Hungary.
Deutsche Hospitality to open its first hotel in Eastern Europe in Budapest in 2019. IntercityHotel is continuing to grow, and will provide Deutsche Hospitality with its first presence in Eastern Europe by 2019. A new hotel will be created in the Hungarian capital of Budapest in a modern building located by the square in front of the city's Eastern Station ("Keleti pályaudvar"). It will have 300 rooms and thus offer travellers plenty of space. The hotel's interior design will bear the signature of the Italian architect Matteo Thun, whose style concept will characterise the next generation of IntercityHotels. The building will have a restaurant, a bar, a conference area and an underground car park with 200 spaces.
W Hotels Worldwide, now part of Marriott International, Inc. (NASDAQ: MAR), today announced an agreement with QPR Properties Kft, part of Constellation Hotels Holding Ltd., to debut the iconic W Hotels brand in Hungary with the opening of W Budapest. Ideally located on Andrassy Avenue (a UNESCO World Heritage Site) the hotel will be situated on the city's most luxurious shopping street located directly across from the State Opera House.
Eurostars Hotel Company, the hotel area of Grupo Hotusa, has just opened the Exe Danube Budapest 4*, its second hotel in the capital of Hungary after the Eurostars Budapest Center 4*, and the first one belonging to Exe Hotels chain in the country. It is a modern, functional hotel with 101 rooms located near the posh Andrássy Avenue and the old Jewish quarter.
The economy designer brand is thinking big with the opening of not just one but two new hotels in Budapest! This is a new country for the brand and a new opportunity to once again convey the distinctive personality and character of ibis Styles. To mark the occasion, the teams from AccorHotels Hungary have organised a custom inauguration event bringing together partners, clients and members of the local communities.
The Ritz-Carlton Hotel Company, L.L.C. revealed its first hotel in Hungary today, with the much-anticipated opening of The Ritz-Carlton, Budapest. Located in the heart of the cultural and shopping district, the property is literally on the doorstep of Budapest's heralded historic sites and minutes away from the glittering Danube River.
This article presents an update on the hotel market in Budapest, discussing hotel demand and supply factors, along with recent performance and investment trends.
The Ritz-Carlton Hotel Company, L.L.C. is delighted to announce that from 1st September The Elizabeth Park Hotel, Budapest, a Ritz-Carlton Partner Hotel will be managed by the company and following an extensive renovation program, the hotel will be re-launched as The Ritz-Carlton, Budapest in Spring 2016.
Corinthia Hotels appoint Jean Pierre Mifsud as General Manager of its iconic Grande Dame hotel in Budapest. Moving from his position as General Manager of the Marina Hotel in Malta, and bringing over 20 years' experience across the tourism and hospitality industry, Jean Pierre Mifsud will oversee Corinthia Budapest as it continues to thrive among the city's leading hotels. He takes over from Thomas M. Fischer, who has been appointed General Manager of Corinthia London.
The Library Hotel Collection welcomes Kornél Magyar as musical director of its newest boutique hotel Aria Hotel Budapest. Drawing from more than 15 years of his interdisciplinary creative career, Magyar oversees all hotel musical programming and guest experiences at Budapest’s first-ever musically-themed hotel located in the historic city center near St. Stephen’s Basilica.
The Ritz-Carlton Hotel Company, L.L.C. has signed a deal with Al Habtoor Group, the UAE based conglomerate, which will see the opening of the first property from the luxury brand in the Hungarian capital.
In February, Budapest and Warsaw hotels registered impressive surges in gross operating profit per available room (GOPPAR) of 78.5% and 54.1% respectively, according to the latest data from HotStats.
Both Budapest and Zurich registered impressive surges in gross operating profit per available room (GOPPAR) of 32.7% and 31.4% respectively in July, according to the latest data from HotStats.