Danubius brings Radisson Individuals brand to Hungary

08
Jul
2026
News - Danubius brings Radisson Individuals brand to Hungary #Budapest #Danubius #Franchise #Hospitality #Hotel #Hungary

by Property Forum | Hotel

Danubius Hotels Zrt. is expanding its hotel portfolio through a new international franchise partnership. As a result of the agreement between Danubius and the Radisson Hotel Group, the Radisson Individuals brand will make its debut in Hungary. With this addition, Danubius now operates five international hotel brands.


Under the terms of the agreement, the recently refurbished 126-room Hotel Erzsébet will operate under the name Hotel Erzsébet City Center Budapest, a member of Radisson Individuals, starting at the end of summer 2026. The partnership combines the development of Danubius's own brands with the operation of international hotel brands.

In addition to its Danubius and Ensana properties, the UK-owned company also operates Hilton Budapest and the Radisson Blu Béke Hotel. With the addition of Hotel Erzsébet, Danubius's portfolio now comprises 16 hotels across five brands. The company introduced the first Hilton hotel in Central and Eastern Europe to Hungary, as well as the country's first Radisson hotel.

"This agreement represents far more than a new franchise partnership. Following its transformation, Hotel Erzsébet will join an internationally recognised brand, opening up new opportunities to reach guests across global markets," said Balázs Kovács, CEO of Danubius Hotels Zrt.

"We are proud to bring Hotel Erzsébet City Center Budapest into our portfolio. This signing is an example of how Radisson Individuals allows independent hotels to maintain their own character while gaining the strength of Radisson Hotel Group's international network," said David Jenkins, Vice President, Development Eastern Europe, Radisson Hotel Group. Hotel Erzsébet will operate as usual until the rebranding in late summer 2026.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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