Three hotels in Budapest are going to be fully renovated

French hotel chain is responding to the expansion of tourism with a 12 billion forint development.

Accor Hotels is investing 35 million euros (about 11.78 billion forints) in the renovation of its hotels in Budapest. According to the hotel chain’s announcement sent to Hungarian News Agency (MTI), 261 rooms of three hotels have been renovated since last year.

Where is the renovation taking place?

According to the information provided by the French hotel group, operating 18 hotels in Hungary, the complete renovation of

  • Mercure Budapest Buda, located in the city center of Buda (Krisztina körút 41.-43., District I), will be completed by the end of next year, when 400 new hotel rooms will be expecting its guests in the hotel.
  • The complete reconstruction works of Mercure Budapest Korona (Kecskeméti út 14, District V) in the city center of Pest will be completed in the beginning of 2020.
  • Mercure City Center (V. district, Váci utca 20.), which is the third hotel of the chain in the heart of Budapest, will be finalized soon.

The announcement is quoting Sabina Bartyzel, the Regional Operational Manager of Novotel and Mercure in Hungary. She highlighted that Budapest is becoming increasingly attractive to both business and recreational as well as "bleisure" travelers, which is regarded as the combination of the aforementioned types. “Budapest is a trendy and safe city,” she added. Currently, the hotel chain manages 4300 hotels worldwide. Based on previous reports, the net turnover of the Hungarian hotels of Accor increased by 15.4 percent, exceeding 25.8 billion forints. Luc Gesvret, Managing Director in Hungary, said that this year, similarly to last year, a dynamic revenue growth is expected and several developments are being implemented.

250,000 employees are working in 4300 hotels of the chain over 100 countries worldwide. Accor Hotels employs 1000 workers in Hungary.