Ownership change at the Sofitel Budapest Chain Bridge hotel
The Orbis Hotel Group has signed the purchase agreement of the Sofitel Budapest Chain Bridge hotel as a seller with the purchaser, the Starwood Capital Group. The change in ownership will be carried out within a few months.
According to the announcement of the companies published on Friday, the total sales price is approximately 75 million euros, or about 23 billion forints. The hotel is still operated by the Orbis Hotel Group on the basis of a long-term, 30-year initial management agreement.
According to the agreement, the new owner will renovate the hotel by creating modern luxurious spaces specific for the Sofitel brand.
Related news
The recovery in the Budapest hotel market may continue
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Hotel food and beverage services in 2022
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >New managing director for Urban
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Szallas.hu: Eger, Miskolc and Nyíregyháza are the most popular during the autumn break
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The best in business tourism were awarded again this year
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Balaton Tourism Association: 1,500 service providers await their guests on the long weekend of October 23
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
