Marriott’s W Hotels Worldwide has signed an agreement with QPR Properties Kft, part of Constellation Hotels Holding Ltd., to bring the W Hotels brand to Hungary. The W Budapest will be located on Andrassy Avenue (a UNESCO World Heritage Site) directly across from the State Opera House.
The hotel will be housed in the Drechsler Palace, which will be fully renovated to have 162 guestrooms and suites.
“W Hotel’s bold and vibrant take on luxury continues to expand into some of the most exciting destinations in Eastern and Central Europe,” Carlton Ervin, Marriott International’s CDO for Europe, said in a statement. “The signing of this landmark hotel in Budapest matches the rising demand of luxury traveller and underpins our commitment to grow our portfolio in the region.”
W Hotels already has a presence in Istanbul, Barcelona, St. Petersburg, London, Paris and Verbier. The W Amsterdam became the seventh W Hotel in Europe when it opened in October 2015. W Hotels now has a worldwide portfolio of 50 properties, and is on track to reach 75 hotels by 2020.