Párisi Udvar Hotel inaugurated
The landmark Párisi Udvar building in central Budapest was inaugurated as a hotel on Friday, after an extensive restoration project that lasted years, Hungarian news agency MTI reports.
Mellow Mood Group spent more than HUF 13 billion on the renovation and reconstruction of the hotel, the companyʼs 12th in the capital.
Speaking at the ceremony, Minister of Foreign Affairs and Trade Péter Szijjártó said the project was financed in part by a HUF 8.2 billion loan from Magyar Eximbank.
The Párisi Udvar Hotel is part of the "Unbound Collection" brand of Hyatt Hotels Corporation.
Lenders' Home Loan Outlays at HUF 344 bln in H2 2023
Gov't Calls on Fuel Companies to Adjust Prices to Regional A...
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
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.
