The complete renovation of five panoramic corner suites was recently finished in Kempinski Hotel Corvinus Budapest. The design for the suites was prepared by the Hungarian interior design firm Biva Atelier. Together with these five, a total of 15 Executive Suites are now available to guests in the hotel. A lot of natural light flows […]

Forbes Travel Guide ('FTG'), the only global rating system for luxury hotels, restaurants, spas and ocean cruises, today announced its 2023 Star Awards. Kempinski Hotel Corvinus Budapest earned a new Forbes Travel Guide Four-Star award. Kempinski Hotel Corvinus Budapest defines contemporary luxury in its outfitting, as well as service, in the heart of Budapest. Boldly […]

The 2022-2023 edition of the International Property Awards were held in London earlier this month with Matild Palace, a Luxury Collection Hotel Budapest winning seven awards. The International Property Awards is a world-renowned mark of excellence, celebrating the highest levels of achievement by companies operating in all sectors of the property and real estate industry. […]

A quarter of hotels may close for the winter in Hungary due to the plummeting energy prices – at least that is what is likely to happen according to the Association of Hungarian Hotels and Restaurants. Such a development would leave many caterers out of work, Tamás Flesch, honorary president of the association, told ATV. […]

This year sees a major milestone in the history of Kempinski Hotels as the company celebrates its 125th birthday, while Kempinski Hotel Corvinus Budapest marks its 30th year in September. This anniversary represents an important jubilee for the hotel, following three decades of precious moments, memories and experiences in the art of hospitality, according to […]

Polish online media group Wirtualna Polska Holding will buy Hungarian tourist platform operator szallas.hu from the Hungarian private equity and venture capital PortfoLion Capital Partners for an estimated EUR 82 mn, the company said in a press release. The price includes EUR 72 mn estimated enterprise value and EUR 10 mn net cash deposit at […]

In recent weeks, several swimming pools and spas have announced that they will suspend certain services and close their pools due to increased energy costs. The decision is a difficult one, as operators have to weigh up whether the loss of revenue from a fall in guest numbers is greater than the increase in overheads. […]

More restaurants are being forced to close down due to the economic crisis, rising overheads, rising prices for raw materials and labor shortages, and with prices rising, people are also being more careful about what they spend, resulting in a backlog of customers. As an example, the Új Sipos, a landmark restaurant in Budapest's 3rd […]

The recovery of hospitality may continue in the coming months, supported by the strengthening of international tourism, which may also help the growth of gross domestic product (GDP) in the coming quarters, according to the tourism economic analysis of Gergely Suppan, senior analyst at Magyar Bankholding. The improvement in tourism will also support the balance […]

Andrea Róna is joining the Danubius Hotels management team as Group Director of Development. She has decades of experience in hotel management and development as well as asset management. Andrea Róna will be responsible for the further expansion and development of the hotel chain, that is turning 50 this year. The expert will be responsible […]

Budapest's newest, the one and only skybar of the Buda Castle area, the WHITE RAVEN skybar & lounge, is to open this Saturday. The view of the city from the top of Budapest's highest located five-star hotel in the immediate neighbourhood of Matthias Church offers visitors an unparalleled experience, according to a press release. The […]

Labor shortage in the hospitality sector has eased, but it has not gone away, and the wage increase at the beginning of the year has already been eaten up by inflation. To solve the sector's labor shortages in the long term, even better wages are needed. The President of the Hungarian Hotel & Restaurant Association, […]

It is already ten years that The Three Corners Hotels entered the Hungarian market, following previous 25 years of successful hotel operations at the Red Sea in Egypt. The acquisition of Hotel Art *** Superior, back in early 2013, was a milestone, and the company went steadily forward ever since. It is now operating three […]

Hotel operator Accent Hotels expects that in 2022, average annual occupancy in some of its hotels will reach – and revenue will far exceed – the record year of 2019, while significantly rising operating costs will eat into the expected additional revenue of the hotels. One of Hungary's largest hotel operators told the state news […]

Lienz, a small town of 12,000 inhabitants, is the capital of East Tyrol – a 750-year-old, yet modern place, bustling with life, with a Mediterranean atmosphere and famous for its historic center. The town gives home to the first and only 5-star luxury wellness hotel in East Tyrol, the Grandhotel Lienz. Situated at an altitude […]