Budapest Marriott Hotel up for sale, Orbán’s son-in-law’s company among potential buyers
The Budapest Marriott Hotel, owned by a Czech group, has recently been put on the market. It has also been revealed that one of the leading contenders for its purchase is the BDPST Group, a company tied to István Tiborcz, Prime Minister Viktor Orbán’s son-in-law.
Budapest Marriott Hotel up for sale
Budapest Marriott Hotel. Photo: MTVA/Bizományosi: Róka László
According to a report from Telex, the Marriott hotel, which is owned by the Czech CPI Group, is now for sale. The media outlet also identified a potential buyer: BDPST Group, the firm associated with Tiborcz.
Both parties were contacted for comments, but neither provided substantial responses. However, the sales process is said to be ongoing, with prospective buyers expected to submit their offers in September.
Experts have noted that the current real estate market is not particularly favourable, meaning there may be fewer interested buyers. Despite this, BDPST Group could still see the acquisition of the luxury hotel as a strategic move. The group already purchased another iconic hotel in the capital, the Gellért Hotel, at the end of last year. After extensive renovations to enhance its value, the Gellért is expected to reopen in 2027.
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2 Comments
The Real Person!
The Real Person!
Do you KNOW that the Marriott Hotel – have POWER over the District V Mayor & Council ?
POWER that FORBIDS public seating in front of, the width of the Marriott Hotel frontal on the Promenade, over-looking the Duna and Castle Hill and “other” sights of Buda.
RATE payers lodgements submission’s signed over the past 4 years to the Mayor and the Council – by thousands in total – to REPLACE public seating in this PUBLIC area – HAVE been IGNORED.
Public Seating – for Hungarians whether you live in the District or NOT and for TOURISTS – should BE in this PUBLIC Promenade location.
POWER of the Marriott – don’t go against our decision Mr Mayor and your Council, for the “greasing of your palms” will CEASE.
That’s a FACT.
The Real Person!
The Real Person!
Marriott Hotel – the Mayor, the Council of District V- agree with the word POWER over them, by the Marriott Hotel.
Frequent District V functions and “other” held at the Marriott Hotel over the course of the past 6 years.
Hate to see the Dining Room bills that have been COMPLIMENTARY as FAVOURS in return to the Mayor & Council.
We are a large group of property owners rate payers and business operators who live in District V.
Our petitioning to the Mayor and Council of District V over the past 5 years for “numerous” requests have fallen on deaf ears.
The past near on (3) three years – the DESTRUCTION of regi posta utca it’s entire length, what as residents and business operators we have had to put up with has been and it CONTINUES – nothing less than a DISGRACE.
Communication received from the Major and Council of District V – over the last (3) three years on the regi posta utca “War ” like bombing zone – has been APPALLING.
The un-finished building project, the “new” Mueller Store on the corner of Vaci ut and regi posta utca – remains a SHAMBOLIC MESS.
Petofi ter, the park area, the FLITH and untidiness of it – the public seating, the public sign board – REVOLTING.
It’s an EMBARRASSMENT – an UGLY image to District V, to Hungarians and Tourists.
Work – new paving has commenced in regi posta utca in part that TILES as are the “New ” look on Vaci utca and adjoining utca’s up to the Grand Market Hall – still have to be LAID.
What about the COMPLETE regi posta utca BEING Tiled ?
Or are we going to be SHORT Changed ?
We are advised that Petofi ter is to be EXTENDED to take in the REVOLTING car park at the promenade Duna River end of regi posta utca.
We are advised that in the center of the Petofi ter “extension” will be PLACED the Hermes Statue that once stood on the corner of the Vaci utca and regi posta utca.
WHY not have DEMOLISHED the VILE Brown “semi-attached ” building that fronts the promanade and backs onto the Car park, a building that has BEEN un-used EMPTY for 7 plus years.
It’s an eye-sore UGLY.
The Mayor of District V and the Council your absolute position taken of very little DIALOGUE of the regi posta, petofi ter, and the promenade, especially Public seating in front of the Marriott Hotel, you are DESERVING of the WRATH by rate payers and business owners operators – what YOU have put us through, over the past (3) three plus years.
Have “guts” to stand up to the Marriott Hotel by putting rate payers, Hungarians and Tourists first – instead of the “Greasing of the Palms” – the “contra deals” of favours DONE – that we have evidence that continue to take PLACE.
Fix it – we have to live, run our businesses in this “Bomb Site” or matters will be elevated in our ACTIONS through Democratic Process against the Mayor of District V and his Council.