News Article Budapest hotel Hungary IHG Hotels & Resorts
by Property Forum | Hotel

IHG Hotels & Resorts has announced its first Holiday Inn & Suites property in Europe by signing Holiday Inn & Suites Budapest Centrale – part of its Holiday Inn Hotels & Resorts brand. The new hotel will offer 170 rooms and is set to open in late 2026.

Within a new mixed-use development called Centrale, the 170-room property will be situated in the XIV district of Budapest, directly above the Puskas Ferenc Stadion metro station and intermodal transport hub. The area is renowned as Budapest’s main sports, entertainment and cultural hub. The country’s national football stadium – the Puskas Arena – and the Papp Laszlo events hall will directly neighbour IHG’s new facility, with the HUNGEXPO Budapest Congress and Exhibition Centre and City Park museum district nearby.

Facilities at the hotel will include 25 long-stay suites – each complete with kitchenettes, dining area and sofa beds to cater to the needs of mid-to-long term staying guests as well as families – open lobby, restaurant, lobby bar, meeting room and fitness centre. Holiday Inn & Suites Budapest Centrale will be complete with key brand hallmarks including Kids Stay and Eat Free. 

IHG is collaborating with two partners on this project – developer Chain Bridge Ventures Kft. and lease operator Mogotel Hotel Group.