WING sold the former Angel Office (Angyal Irodaház) to B&B Hotels, and they will turn it into an economy hotel for the French company.
B&B became interested in the former office due to its view to the River Danube, Turizmus Online claims. The city centre, the business quarter, the proximity of the gastronomical avenue of Budapest, Ráday Street, the accessibility of the location with public transport and the closeness of motorway M1, M5 and M7 all provide ideal circumstances.
“B&B Hotels is delighted to announce our entrance to the Hungarian market. The recently signed sales contract is the first step to the opening of our new 214 room hotel in 2020.”
Fabrice Collet, director of B&B Hotels, said. B&B aims to provide innovative service for both business and recreational purposes by combining design, attractive prices and high quality.
“This project is part of our European expansion strategy, which is clearly showing our developmental intentions in Hungary and other countries of the region as well”
he added. This will be the second big touristic investment of WING recently: ibis Stlyes Budapest Airport Hotel, Hungary’s first hotel directly connected to an airport opened at the beginning of 2018.
B&B Hotels, founded in 1990, is Europe’s third biggest economy hotel chain, which operates 470 hotels there. They have seven units in Central and Eastern Europe: six in Poland and one in the Czech Republic. They are planning to open plenty of new hotels in the region: in Slovakia, Croatia and Bulgaria as well.