With development of the Párisi Udvar Hotel Budapest is in its last phase, Mellow Mood Hotels has announced the start of a new, 180-room project in the Hungarian capital, the company has told the Budapest Business Journal.
The new hotel will be located in Paulay Ede utca in District VI. The company says that the developmentʼs significant conference capacity, and excellent location foreshadow another successful project, while noting that there has not been a single day in the history of Mellow Mood Hotels since 1996 without a hotel development in progress.
At the same time, the Párisi Udvar Hotel is now nearing completion. The opening will mark the return of the Hyatt brand to Budapest, as the hotel will be a member of "The Unbound Collection" by Hyatt. The owners of Mellow Mood Hotels have uploaded a video on YouTube, offering a sneak peek into the building before its official opening.