IHG to Grow in Budapest

According to Europe.re.com, Verno House Budapest, Vignette Collection, is set to open in the summer of 2023 under a franchise agreement and voco Budapest is to open in late 2023 under a management agreement.

Both properties have been signed with owner BDPST Group, a Hungarian-based capital investment company and one of Hungary’s largest hotel owners and operators within the upscale and luxury hospitality market.

Karin Sheppard, SVP, MD, Europe at IHG Hotels & Resorts commented: “We are delighted to announce two new signings in the elegant city of Budapest. Hungary is one of several growth areas across Europe for IHG and we are looking forward to working closely with BDPST Group to bring both brands to the forefront of Budapest’s flourishing hotel scene, and welcome guests visiting for leisure, business or indeed both.”

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