The Ritz-Carlton Hotel Company to open doors in Budapest

CHEVY CHASE, MD. – The Ritz-Carlton Hotel Company, L.L.C. has signed a deal with Al Habtoor Group, the UAE based conglomerate, which will see the opening of the first property from the luxury brand in the Hungarian capital.
Located in the heart of Budapest, the 192 room hotel overlooks Erzsebet square with commanding views of St Stephen’s Basilica. The property will undergo an extensive renovation set to commence at the beginning of 2016 and is due for completion in the second quarter, making it a stunning member of a portfolio of hotels known for its exacting service and exceptional attention to detail.

“Hungary represents the next great international expansion opportunity for The Ritz-Carlton,” saidHerve Humler, President and Chief Operating Officer. “We are especially pleased that our initial presence will be in Budapest, the country’s principal political, cultural, and commercial centre,” he added.

Budapest is home to some of Europe’s most impressive historical architecture, such as the Buda Castle, the Chain Bridge, Heroes’ Square, the Parliament and St. Stephen’s Basilica. It is widely known as a popular tourist destination in Central Europe; home to a number of World Heritage Sites such as the banks of the River Danube, the Buda Castle Quarter, Andrassy Avenue, Heroes Square and the Millennium Underground Railway (the second oldest in the world).

“We are delighted to be partnering with the Ritz-Carlton for such an exquisite property to build on our unique portfolio of hotels. We are bringing together two of the best names in the business, both dedicated to offering world-class luxury and hospitality. We look forward to welcoming guests to experience the renewed property in early 2016,” said Mohammed Al Habtoor, Vice-Chairman and CEO, Al Habtoor Group.

The Ritz-Carlton Hotel Company adds another European capital to the growing portfolio of destinations in which global travellers will find the luxury hotel company’s award winning service, due to reach 100 hotels by the end of 2016.

Source: http://www.traveldailynews.com/news/article/66081/the-ritz-carlton-hotel-company-to

Filed Under: Hotels

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  1. Salman Faisal says:

    Its magnificent that the Emiratis local contraction company Al Habtoor group .which is today is one of the leading company world wide .
    Al Habtoor group is currently contacting a new property for the Ritz-Carleton based in Budapest (Hungry) which is bringing together the best two names in the business to construct one of the most luxury hotel in one of the most historical places.

  2. Masuma Jamil says:

    I believe that this sounds all nice. The Ritz-Carlton Hotel
    Company, L.L.C. has signed a deal with Al Habtoor Group, IT is the first luxury
    property build in Hungarian capital, which is located in the heart of Budapest,
    which can extend the economy of hospitality industry as well as of the country.

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