ADVERTISEMENT

Nyíregyháza council lays cornerstone of HUF 4 bln hotel

Hotels

pixabay

The Nyíregyháza town council laid the cornerstone of a HUF 4 billion hotel near the cityʼs Sóstó spa yesterday, Hungarian news agency MTI reported.

The local council was awarded a HUF 3.1 billion government grant for the construction of the four-star hotel, and it will cover the remainder of the cost from its own resources and credit from OTP Bank.

The 122-room hotel, complete with restaurant, conference room and mini spa, is due to be completed in time for the start of next yearʼs tourist season.

The number of guest nights spent in Nyíregyháza (230 km east of Budapest) has doubled since 2010, said mayor Ferenc Kovács.

ADVERTISEMENT

Czech economic confidence weakens in November Analysis

Czech economic confidence weakens in November

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

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.