IHG (InterContinental Hotels Group) has signed a management agreement with Granit Polus Group for a compelling property to be re-branded to Crowne Plaza Budapest in 2021.
The 230-room hotel offers a range of facilities, from 13 meeting rooms to a café and lounge club. Known for being one of Europe’s most popular destinations, Crowne Plaza Budapest is located close to the downtown business district, whilst in walking distance to the international railway station linking Budapest to major European cities. The hotel is also conveniently adjacent to one of Budapest’s largest shopping centres for those looking for some down time.
Mario Maxeiner, Managing Director, Northern Europe, Russia, CIS & Georgia, commented: “The power of our enterprise really shines through when we see great signings such as Crowne Plaza Budapest. It shows that even in the current environment, there remains great appetite from our owners to join the IHG family as the strength, resilience and attractiveness of our brands is highly prominent.”
Miklós Gyertyánfy, Asset Management Director, Gránit Pólus Group, commented: “Given the central location of West End City Centre, we are confident that Crowne Plaza Budapest will become a vibrant hotspot for business travellers and tourists once the Covid-19 pandemic is resolved. In the spirit of this project Gránit Pólus Group will dedicate more than 10 million Euros to renovate the hotel with its 230 rooms in the following two years.”
