ADVERTISEMENT

Inn owner in Szentendre spends HUF 400 mln to upgrade, expand

Hotels

A bed-and-breakfast owner in Szentendre, a picturesque town near the capital that is popular with tourists, has converted his second-class accommodations into a four-star hotel with a HUF 400 million investment. Attila Hadnagy converted and expanded his 16-room bed-and-breakfast into a 22-room hotel, complete with restaurant, cafe and a terrace. One-fourth of the investment was covered by European Union and state grant money. Guest nights at the Bükkös Hotel are expected to reach an annual 2,700.

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

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

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.