Rezidor has signed the Park Inn by Radisson
Budapest, a brand new mid-market 136-room hotel scheduled to open
in Q4 2012.
The Park Inn by Radisson Budapest is already
under construction and will be located within an office park in
the northern part of Budapest, along the Vaci Ut corridor.
Besides the corporate areas in the immediate
vicinity and the tourist attractions of the historic city centre,
the site has good access to the airport and surrounding areas,
thanks to proximity to the main ring roads. Also, the well known
Westend shopping centre is nearby, offering 70,000 square metres
of shops and entertainment.
Besides 136 rooms, the Park Inn by Radisson
Budapest will comprise an all day dining restaurant, bar, more
than 400 square metres of meeting space, a fitness centre, and
parking.
“The Park Inn by Radisson Budapest will
perfectly complement our existing Radisson Blu Béke Hotel,
Budapest – we are delighted to be present with our two core brands
in Hungary’s capital city,” said Kurt Ritter, President & CEO of
Rezidor. “At the same time I’m proud that his agreement took our
total number of signings in 2011 (year to date) to 21 hotels and
more than 5,000 rooms.”
Eastern Europe is an important business
development market for Rezidor. The group was among the
“first-movers” into the region following the fall of the Berlin
Wall. This ambitious strategy has paid off, as Rezidor is now
represented in most of the primary markets, including Warsaw,
Prague, Bucharest, Bratislava, and Sofia. The mid-market Park Inn
by Radisson brand is successfully following in the footsteps of
the upper upscale Radisson Blu brand, with properties in Prague,
Bratislava, Krakow, Ostrava and Sofia.
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