The Roundtable 'Exploring Health Tourism' gathered a group of international experts in Budapest, Hungary, to better understand and explore the growing segment of wellness and medical tourism. The meeting was convened by the World Tourism Organization (UNWTO) and the European Travel Commission (ETC), as part of their joint research programme, with the support of the Hungarian Tourism Agency.
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.
Every year, the hotel experts and analysts at Horwath HTL worldwide produce a series of mini-country reports exclusively for The Hotel Yearbook. Each report focuses on just two things: first, a quick snapshot of the country’s current economic and hotel market situation, and second, the outlook for the year ahead, highlighting specific events that are anticipated to have an impact on the health of the country’s hotel business.
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.
Prior to this appointment, Stephan Interthal was General Manager at the Baltschug Kempinski Moskau & Area Director Russia & CIS. A true hotelier, with management experience at Kempinski’s finest properties, including Kempinski Hotel Beijing Lufthansa, Kempinski Vier Jahreszeiten Munich and the legendary Hotel Adlon Kempinski Berlin, Mr Interthal is bringing along with him a wealth of experience from more than three decades in the hospitality industry.
2014 is an election year, so until after June, not much is expected in additional investment and economic activity. Spa, particularly wellness, and to a smaller degree medical tourism remain a clear attraction, with Hungary sitting on the largest supply of thermal springs in Europe.
Holding a Bachelor's Degree from Arab Academy for Science & Technology in Hotel Management, Fouad Shafik started his career with Four Seasons in Egypt more than 10 years ago, and brings extensive experience in the hospitality industry to his new role.
The four-star Carlton Hotel Budapest has extended a 10-year relationship with Pegasus Solutions, signing a three-year renewal for distribution, booking, business intelligence and sales support through Pegasus Connect+ Gold. A long-standing user of Pegasus’ representation services, the Carlton Hotel Budapest will enjoy ongoing and preferred distribution through the new agreement, as well as targeted sales support for the 95-room Hungarian property.
Bringing with him a healthy dose of Italian flair and creativity, along with experience of working in the kitchens of some of the world’s best restaurants, Chef Leonardo is very excited about learning what Budapest and Hungary have to offer the chef and foodie.
VingCard Elsafe, the global leader in hospitality security and part of the ASSA ABLOY Group, proudly announces that Prague’s most glamorous hotel has selected RFID security technology among its launch amenities. One Room Hotel—located 66 meters above the ground in Prague’s tallest building, Tower Park Prague—opened in October as one of the world’s most exclusive hotel destinations and the most sought-after guestroom in the Czech Republic.
Rezidor, one of the fastest growing hotel companies worldwide and a member of the Carlson Rezidor Hotel Group, announce the Park Inn by Radisson Zalakaros in Hungary. The property featuring 236 rooms is the third Hungarian Park Inn by Radisson hotel, and further strengthens the presence of this young and dynamic mid market brand in the country. The opening date for the hotel is scheduled for Q1 2015.
Drew Clarke, newly appointed Director of Sales, is responsible for group business market sector and will oversee leisure market and catering business activities within the Sales department. Drew arrives with more than ten years of experience that he has spent at Four Seasons Hotels and Resorts. He has started his career with Four Seasons Resort The Biltmore Santa Barbara in a variety of positions within Food & Beverage, Human Resources, and Sales. In 2010, he headed westward to Four Seasons Resort Hualalai in Hawaii.
Veronika has more than eight years of experience in corporate public relations, including agency service. “This is an exciting time to be involved in corporate communications at Four Seasons," says Veronika. “Advances in the hotel industry are opening up a range of new possibilities, as well as challenges, to the way we communicate. I am excited to work with Four Seasons and its dedicated team of professionals and to be a part of this innovative multicultural environment.”
The hotel market in Hungary has remained comparatively stable despite the economic and financial challenges the country is currently facing according to Jones Lang LaSalle Hotels latest Hungarian Hotel Intelligence report.