The Danubius is looking for an investor for the renovation of the Hotel Gellért
The Danubius Hotels Group is looking for an investment partner for the renovation of the Hotel Gellért in Budapest. The multi-billion HUF investments may take 1.5-2 years.
Deák Imre, CEO of the Danubius Hotels Group told MTI on Wednesday that the Danubius Hotels Zrt. and its parent company, the CP Holdings has commissioned the London office of CBRE to explore the suitable investment partner for a joint venture, which would be created to renovate the Gellért Hotel in Budapest. The sole owner of the Hotel Gellért is the Danubius. (MTI)
Related news
Research shows it’s worth returning to Budapest more than once
Danubius Hotels conducted a survey among foreign tourists visiting their…
Read more >
National research: nearly three-quarters of Hungarians would renovate their homes in the next five years
The vast majority of Hungarians would modernize their homes in…
Read more >
SPAR Hungary modernized three of its stores with approximately 1.4 billion forints
In March, customers were able to take possession of three…
Read more >Related news
The tourism industry has declined – but it is still one of the best-performing sectors of the economy
The Tourism Business Index (TKI) stood at -6 points in…
Read more >
The new generation of Hungarian street food has moved to Dob Street – Introducing Budapest Bites
Enriching the city’s street food palette, the place offers a…
Read more >
