Articles by Column


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Hospitality Recovery Could Continue, Says Analyst

Aug 11, 2022

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 […]

Group Director of Development Named at Danubius Hotels

Aug 3, 2022

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 […]

Skybar & Lounge in the Buda Castle

Jul 22, 2022

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 […]

Hospitality Sector Shrinking in Hungary

Jul 4, 2022

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, […]

A Touch of Belgian Hospitality

Sándor Laczkó
May 29, 2022

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 […]

Accent Hotels Expects Strong Revenue Growth

Jan 18, 2022

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 […]

Unique Elegance at the Lienz Dolomites

Sándor Laczkó
Nov 21, 2021

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 […]

Historic Excellence and Comfort

Sándor Laczkó
Nov 18, 2021

Originally built 120 years ago as one of the two baroque palaces acting as a gateway towards Elizabeth Bridge, the Matild Palace went through several years of renovation by the Turkish Öyzer Group before it opened this summer as ‘Matild Palace, a Luxury Collection Hotel, Budapest’, part of Marriott International. As the hotel’s General Manager, […]

Matild Palace, 'Hungary's Leading Hotel 2021'

Oct 22, 2021

This year, the world travel industry's most prestigious awards program, the World Travel Awards, was held for the 28th time and Matild Palace, a Luxury Collection Hotel, Budapest, opened in the heart of Budapest this summer, has won the category of 'Hungary's Leading Hotel'. According to a press release, the Hungarian luxury hotel, located in […]

Driven by Curiosity

Aug 5, 2021

World-renowned Austrian-American chef and restaurateur Wolfgang Puck has recently opened, in Budapest’s Matild Palace hotel, the first European outpost of his iconic Spago restaurant, which stars as his signature culinary experience. He shares some thoughts with Diplomacy&Trade on how his career has evolved and how the experience accumulated is put to use in the Hungarian […]

Hungarian Hotel Market Sentiment Survey 2020

Oct 9, 2020

Actions such as the severe travel restrictions introduced on the 1st of September in Hungary or other global or EU level measures can fundamentally transform short- and mid-term expectations. That is one of the findings of the snapshot report prepared by Horwath HTL Hungary, in cooperation with the Hungarian Hotel & Restaurant Association, based on […]

Tourism Figures on the Rise

Feb 10, 2020

The number of nights spent by international tourists in Hungary increased by 13% and that of nights spent by domestic tourists decreased by 3.4% in December 2019 compared to the same period of the previous year in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalows and community hostels). Latest figures by the Hungary's Central […]

Mercure Budapest Korona Hotel

Mercure Budapest Korona, Hotel of the Year in Hungary

Feb 5, 2020

The Association of Hungarian Travel Agencies (MUISZ) has chosen the Mercure Budapest Korona as Hotel of the Year, the Hungarian news agency MTI reports. The 30-year-old hotel is being completely renovated, with the two-year process to be completed in April this year, the company said. The Mercure Budapest Korona is owned by Orbis, Poland's leading […]

Barceló Budapest

New Barceló Hotel Opens in Budapest

Jul 17, 2019

Budapest hotel offering sees new unit Spain’s Barceló Group opened its first four-star hotel in downtown Budapest, state news service MTI reported, citing the developer company Sunbelt Group. Barceló operates more than 250 units in 22 countries worldwide. The Barceló Budapest, which was developed at a cost of close to EUR 46 million, has 5 […]

Hungaricum Cocktails

Hungaricum Cocktails

Jul 11, 2019

InterContinental Budapest’s summer event series titled ‘Live on the Terrace’ is back again this year. Visitors can enjoy live music and culinary treats while sipping cocktails inspired by Hungarian inventions as they take in one of the most beautiful sunset views Budapest can offer. Throughout the summer, Thursdays will be all about Latin rhythms, with […]

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