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Two new hotel brands coming to Budapest

05 October 2023

Hotel Indigo and Holiday Inn Express have signed an agreement with the real estate development firm WING at EXPO Real 2023 for the arrival of two hotel brands in Budapest.

  In the city’s sixth district, Hotel Indigo Budapest Andrássy will open in the second quarter of 2028, with 103 guest rooms, a bar and a restaurant. The property will enjoy a prime location on the tree-lined boulevard, Andrassy Avenue, which was recognised as a world heritage site in 2002, close to the new museum quarter in the City Park. This signing is the latest addition in the rapid growth of the Hotel Indigo brand, which has 145 open hotels and a 128-strong pipeline globally - introducing itself to must-visit destinations around the world at a rapid rate, capturing the spirit of local neighbourhoods everywhere.

    Holiday Inn Express Vágóohíd is set to open in early 2027 in district nine, with 162 guest rooms. Situated in the southern part of the city, the hotel will be amongst businesses, close to the National Theatre, MUPA Budapest theatre and the athletic stadium, which recently hosted the World Athletics Championships. Holiday Inn Express is the world’s largest hotel brand, with more than 3,000 open properties globally, and over 330,000 rooms, spanning in excess of 50 countries.

    Noah Steinberg, the Chairman and CEO of WING said: “WING's hotel portfolio has grown significantly in recent years, and a number of top international hotel brands have chosen our developments. With the signing of Hotel Indigo Budapest Andrassy and Holiday Inn Express Budapest Vágohíd, WING will join an elite club of real estate developers that have completed at least 1,000 hotel rooms. Diversifying our hotel developments both in terms of location and brands is an important part of our strategy, so we are delighted to welcome two highly successful brands from the prestigious IHG Hotels & Resorts family to our projects.”

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