Kimpton Hotels & Restaurants today announced its first location in Budapest, Hungary. With the opening of this new hotel and restaurant, guests can enjoy an authentic American experience with a European twist. The historic building with guest rooms overlooking the Danube River will offer travelers unique accommodations and experiences in one of Europe’s most vibrant cities.,
Kimpton Hotels & Restaurants announced its first location in Budapest. The hotel is set to open in 2019 and will offer a variety of amenities, including a rooftop pool.
WHY IT RATES: Budapest’s first Kimpton hotel will provide rooms in the center of one of Europe’s most picturesque cities. – Associate Writer Lacey Pfalz
The signing of Kimpton Budapest in Hungary by IHG Hotels & Resorts, one of the world’s largest hotel groups, was announced today. The hotel will open in early 2025 under a management arrangement with the property’s owner, MAM BUDA PROJECT Kft., a subsidiary of Market Asset Management Zrt.
This will be the first Kimpton Hotels & Restaurants property in Hungary, and it will be situated in downtown Budapest’s Jozsef Bem plaza, on the Buda side of the Danube. When it opens, the 127-room hotel will feature large, intelligently designed rooms with a whimsical touch, as well as great facilities and destination dining, including a rooftop bar, bringing the unique Kimpton touch to Budapest.
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“Budapest is one of Europe’s most popular destinations, with breathtaking UNESCO world heritage sites as well as fast expanding corporate demand as a local business centre,” said Willemijn Geels, VP Development Europe, IHG Hotels & Resorts. It’s a perfect match for our Kimpton brand, whose passionate, individualized service and striking design will fit right in with this thriving metropolis. We’ve witnessed how well our luxury boutique concept has been welcomed in Europe, and this new agreement just adds to Kimpton’s worldwide growing momentum.”
“We are pleased to cooperate with IHG Hotels & Resorts to introduce Kimpton to Budapest,” said Sándor Scheer, Chairman of Market Asset Management Zrt. We’ve witnessed the brand’s success throughout Europe, and we’re happy to be delivering a one-of-a-kind premium product to Budapest, capturing a new market segment.”
Kimpton initially arrived in Europe in 2017 with the opening of Kimpton De Witt in Amsterdam, and the brand has swiftly expanded its presence throughout Europe since then, with new hotels opening in Paris, Barcelona, London, Edinburgh, and beyond. As demand for luxury and lifestyle stays develops, there are currently seven* Kimpton hotels operating throughout Europe, with another four* in the works, encompassing places from Mallorca to Frankfurt. There are 75 Kimpton hotels operating and 32 more in the works throughout the world.
This agreement comes on the heels of Crowne Plaza Budapest’s recent opening. In Hungary, IHG Properties & Resorts operates three* hotels under the InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, and Holiday Inn Hotels & Resorts brands, with two more hotels in the works.
PRESS RELEASE FROM IHG HOTELS & RESORTS
Kimpton Hotels & Restaurants is opening its first location in Budapest. The new hotel will be located on the Danube River, and will feature a rooftop pool, restaurant, and bar. Reference: kimpton hotels miami beach.
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