A new hotel brand has been launched in Hungary after QPR Properties opened its 151-room luxury hotel, the W Budapest Hotel, in the Drechsler Palace on Andrássy Avenue in Budapest. The conversion of the landmark building, which once housed the State Ballet Institute, into a hotel was completed in two and a half years by […]
The 115-room, four-star Hampton by Hilton Hotel, the city's first international hotel, has been inaugurated in Marosvásárhely (Târgu Mures, Romania), co-financed by the Hungarian government. The investment in the Transylvanian city, initiated and carried out by the Multinvest Group and operated by the long-established Hilton Group, was 35% financed by the Pro Economica Foundation, which […]
Thibaut Drege has been the General Manager of the Four Seasons Hotel Gresham Palace in Budapest since January this year. He tells Diplomacy&Trade about the importance of creating bonding with the clientele who appreciate the prime location and comfort of the hotel but even more the friendly experience provided by the staff. “This hotel is […]
Budapest's iconic hotel will be celebrating its 2nd anniversary on June 28th. Since its opening, the luxury hotel has established itself as the capital's most elegant social hub, garnering numerous domestic and international awards, the hotel says in a statement. Two years ago, Matild Palace welcomed its first guests after an extensive and meticulous renovation […]
In the town of Balatonfüred, on the northern shore of Lake Balaton, a hotel complex worth HUF 22.5 billion is being built in the city center, with the Le Méridien resort scheduled to open in spring 2025, project founder Richárd Szepesi said at a press conference in Balatonfüred on Friday. He said that in addition […]
The Hungarian government may extend by three months energy subsidies available for micro-enterprises and SMEs until the end of March. Such a measure would help thousands of catering and accommodation establishments to manage their overheads, the business news site Napi.hu has learned. In the framework of the SME Energy Costs and Investment Support Program, businesses […]
ÉS Bisztró at Kempinski Hotel Corvinus Budapest opened in April 2013 in collaboration with the Zsidai Group. During the ten-year period, the restaurant has received numerous awards and recognitions, a press release by the hotel says Ten years ago, a Hungarian gastro evolution took place, which made going to restaurants fashionable among the younger generations […]
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 […]
