News Article Budapest Gránit Pólus Hilton hotel IHG
by Property Forum | Hotel

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 hotel, located in downtown Pest in the same building complex as the Westend City Centre shopping centre, is currently operated by Hilton under the name Hilton Garden Inn Budapest City Centre.

Crowne Plaza has a presence in over 60 countries, with locations in busy cities, airport and resort locations. The newly signed property will be joining a variety of IHG’s well-established brands, InterContinental, Holiday Inn and recently signed Holiday Inn Express, to further expand the company’s presence in Hungary. The 230-room hotel offers a range of facilities, from 13 meeting rooms to a café and lounge club.

“It is our greatest pleasure to crown the 20th birthday of Westend City Centre with such an announcement as we believe that now is the right time to rebrand this hotel. It is also a great honour to welcome Crowne Plaza to Hungary the first time ever and to find such experienced partner with an impeccable international reputation as the Intercontinental Hotels Group. 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 to renovate the hotel with its 230 rooms in the following two years,” Miklós Gyertyánfy, Asset Management Director at Gránit Pólus Group commented.

IHG currently has 2 hotels operating in Budapest under the brands InterContinental Hotels & Resorts and Holiday Inn, with Holiday Inn Express Budapest – City Centre due to open in 2022.