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
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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