ADVERTISEMENT

Hunguest Hotels no longer for sale - paper

Hotels

The Hunguest Hotels group is no longer for sale and will remain owned by entrepreneur Tamás Leisztinger, business daily Világgazdaság said on Thursday.

The hotel chain was to be acquired by the SCD group as result of an option. However, the SCD group sold its property portfolio at Lake Balaton in August 2011 as well as the option to Magyar Turisztikai Holding. The option could have been exercised before the end of September, but Magyar Turisztikai Holding did not call it, so it has reverted to Hunguest Hotels.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.