HUNGARY Hotel Gellért changes hands
Human resourcesschedule 12 December 2022
After its refurbishment, it will reopen as five-star hotel with 139–150 guest rooms and suites
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BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.
The hundred-year-old Hotel Gellért Szálló, which is situated close to Liberty Bridge on the Buda side of the Danube, has been closed for renovations since the end of November 2021. Local group BDPST, which specialises in investing in the renovation of historic buildings, will now take over the hotel’s refurbishment through its subsidiary BDPST Real Estate Developer. The last major renovation of the property took place 50 years ago. According to the current plans, it will bec
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