Hilton, Marriott plan growth in Budapest

Hilton Garden Inn Budapest City Center

As many as 25 new hotels are slated to open in Budapest over the next six to seven years, adding a possible 2,700 rooms to the city's stock. Currently, Budapest has almost 19,000 guestrooms in its hotels. 

Since 2014, the city has seen 15 new hotels (with almost 1,100 rooms) open. Just last month, Marriott announced plans to bring its W brand to Budapest through an agreement with QPR Properties Kft, part of Constellation Hotels Holding Ltd. At the same time, Hilton signed a franchise agreement with Accent Hotel Management to open Hilton Garden Inn Budapest City Centre. The 214-guestroom hotel will open next year as Hilton's third hotel in Budapest, following the Hilton Budapest and the Hilton Budapest City. 

"Hungary continues to be an increasingly popular tourist destination and in 2016 Budapest had one of the highest RevPAR growth rates of any European capital," Patrick Fitzgibbon, SVP of development, EMEA, Hilton, said when the hotel was announced.

Virtual Event

HOTEL OPTIMIZATION PART 2 | Now Available On-Demand

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.

The Corinthia Budapest, meanwhile, invested heavily in updating and renovating its executive suites and Royal Lounge, courtesy of Goddard Littlefair Interior Architectural Design.

Travel industry professionals recently gathered at the Hotel Investment Conference CEE & Caucasus (HOTCO) in Budapest, and praised the country’s tourism opportunities. 

Suggested Articles

New research suggests 64 percent of hospitality professionals believe the risk of a data breach increases when employees work off site.

Three hotels that previously were branded under the Cotelier Hotels brand will be converted to the Life House brand. 

After two weeks of occupancy surpassing the halfway point, the numbers dropped for the week of Oct. 18–24.