Best of Budapest & Hungary

Danubius Hotels continues its growth: from 1 October 2026, the current H2 Hotel Budapest will join the hotel chain under the name Danubius Hotel District V. With the addition of the 157-room city-centre hotel, the number of hotels in the Danubiusportfolio will increase to 17.

    Located in Budapest’s District V, the hotel will further strengthen Danubius’s presence in the capital with an excellent city-centre location. Its proximity to St Stephen’s Basilica, the Hungarian Parliament Building, the Chain Bridge and the Danube make it a popular choice for individual and group leisure guests as well as business travellers.  

    The new name puts the location at the centre: Danubius Hotel District V refers to Budapest’s fifth district. With its modern, urban character, the hotel adds a new dimension to Danubius Hotels’ Budapest offering and complements the chain’s existing properties. 

    Another important step in Danubius’s growth 

   The addition of Danubius Hotel District V marks a long-awaited milestone in the development of the hotel chain. The expansion also reflects the long-term commitment of Danubius’s British owner, CP Holdings, to the continued growth of Danubius Hotels. 

    “We have been working for a long time to expand our portfolio with a new hotel, so we are particularly pleased to be taking another important step. With Danubius Hotel District V, we are further strengthening our presence in one of Budapest’s best city-centrelocations. From 1 October, we will welcome guests across 17 hotels. With the support of our owner, we continue to develop Danubius and pursue further growth, while looking for new opportunities that will strengthen our position in the Hungarian and international hotel markets,” said Balázs Kovács, CEO of Danubius Hotels Zrt. 

    Danubius signs a long-term agreement 

    The building housing Danubius Hotel District V is owned by LGT Immo Kft., a member of the Austrian ILAG Group, which has entered into a long-term hotel operating agreement with Danubius. The assignment further strengthens Danubius’s role in the Hungarian hotel market and marks another important step in the company’s growth strategy. 

    “We were looking for a hotel operating partner with a stable professional background, significant local market experience and high-quality hotel management expertise. In Danubius, we have found a reliable, long-term partner whose expertise and strong presence in Hungary provide a solid foundation for the hotel’s continued successful operation and development,” said Éva Zupkó, Managing Director of LGT Immo Kft.