Hyatt continues to grow its Unbound Collection, this time with the Párisi Udvar Hotel in Budapest. The hotel is the second hotel in Europe to enter the collection, and the third internationally.
The property is slated to open next year as a luxury 100-guestroom hotel.
Built in the 1900s, the structure boasts a rich history, surviving World War II relatively unscathed. After the war, the building held several apartments and has since undergone few renovations. It offers Moorish, Art Deco and Neo Gothic architecture styles, representing a series of Hungarian periods.
In addition to the guestrooms and suites, the new property will have 300 square meters of meeting space, a spa, fitness center, restaurant, bar and cafe. Dining is all planned to exist within the arcade, where there is a colored glass ceiling and hexagonal cupolas.
“We are delighted to collaborate with Párizs Property Kft and Mellow Mood Hotels to convert this iconic building into the second hotel for the brand in the region. The Unbound Collection by Hyatt is an ideal fit for the hotel, which boasts an incredible storied history and some of Hungary’s most impressive architecture,” said Peter Norman, senior vice president, acquisition and development, Europe, Africa, Middle East and Southwest Asia, Hyatt. “We look forward to continuing to grow this brand globally in a strategic and meaningful way.”
Don’t want to wait for the Budapest property to open next year? The Unbound Collection also includes The Confidante in Miami Beach, The Royal Palms in Phoenix, The Driskill in Austin, Hotel du Louvre in Paris and Carmelo Resort & Spa in Uruguay.
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