Six new hotels will open this year in Budapest

Six new hotels will be handed over this year in Budapest. The six new hotels will expand the supply of the Hungarian capital with about four hundred rooms.

According to Világgazdaság; in the future the renewal and improvement of the  already existing but poor condition hotels is expected.

The golden age hotel developments was around 2005-2006, when many investors started their developments without  real economic rationality – reports vállalkozoinegyed.hu, after Világgazdaság.