The Párisi Udvar Hotel Budapest will open in May next year

A new 5-star hotel will be built in the Párisi Court, from about 12.5 billion HUF. The hotel is planned to be handed over by the end of May 2018 – Hermesz János, project manager of the Párizs Property Kft. said on Friday in Budapest.

Hermesz János about the reconstruction works said that the cost of the investment includes the purchase price of the property, while the renewal of the building under monument protection will be carried out in accordance with its original condition.

Fazekas Tamás, director of the five-star hotel reported that the hotel, which focuses on business travelers, will have 110 rooms, 18 suites, a wellness area and conference rooms. (MTI)