A Hard Rock Hotel is opening in Budapest

Hvg.hu reports that the American company is about to invest in Hungary. The hotel opens in 2019.

Mid-Eastern-Europe’s first Hard Rock Hotel is opening in 2019, in Budapest, in the VI. district, where Instant pub and hostel used to be. The four-star hotel will be a bit smaller, than the rest of the Hard Rock hotels, with its 133 rooms, and it will not have a Hard Rock Café restaurant either.

The investment is of great importance, because this will be the first Hard Rock Hotel in the region, and because this will be the first time the Floridian owner company strikes a deal in Hungary. There is indeed a Hard Rock Café restaurant at Vörösmarty square, but that is owned by a Polish company and is part of a franchise.

However, capitalism had a hand in this, as Rockwood Kft, which is owned by the prime minister’s son-in-law’s (István Tiborcz) business partner, will build the hotel. Bálint Erdei, the owner of Rockwood Kft, started Elios Zrt. with Tiborcz, a company that was very successful in acquiring public lighting procurements. Rockwood Kft is registered under the same address as Elios.

feature photo: www.hardrockhotels.com

Ce: bm

Source: hvg.hu