The 231-room property is slated to open in the beginning of 2020.
“The development of Hyatt Regency Budapest demonstrates Hyatt’s commitment to growing the Hyatt Regency brand footprint throughout Central and Eastern Europe,” said Takuya Aoyama, vice president development, Eastern Europe, Russia & CIS at Hyatt. “We look forward to working with Városház Utca Projekt Ingatlanforgalmazó Kft and believe business and leisure travelers will find the Hyatt Regency Budapest to be intuitive and seamless throughout their stay in the city.”
The Hyatt Regency Budapest will be located in the former postal office, Postapalota, on Pet?fi Sándor Street. The property will offer a 4,197 square foot ballroom and more than 6,673 square feet of meeting space for guests.
“We are delighted to bring this landmark building back to life,” said Dr. Michael Hutter, owner of Városház Utca Projekt Ingatlanforgalmazó Kft. “We believe the globally recognized Hyatt Regency brand will help further transform Pet?fi Sándor Street to become a sought-after destination for shopping, dining and culture. It’s an honor for us to be part of this process and we believe the hotel will be a successfull development.”
For more information, please visit www.hyattregency.com.
by Elizabeth Atkinson