Historic arcade to become luxury community hub in Budapest!

Finally: the renovated historic shopping arcade, Paris Court (Párisi udvar), will await visitors in a few months. As Azuzlet.hu reports, the passage will give home to the Paris Court Hotel Budapest, part of the Hyatt hotel chain.

The magnificent Paris court will re-open its doors thanks to an investment by the Hyatt Hotels. The court, built in the 20th century, originally served as an art deco shopping passage and is located at Ferenciek Square.

It was named after Paris because the passage was constructed as the Hungarian ‘Passage des Panoramas’ in Paris.

However, during socialist times, the court could not shine in its original state, and just as the square was renamed, the building has lost its romantic features too. Nevertheless, the time has come when the building can have its original role back: it can serve as a passage and a luxury community hub in the city.

According to the plans, a 5-star Hyatt Hotel called Paris Court Hotel Budapest will be opened in a few months.

The hotel will be part of ‘The Unbound Collection’ by Hyatt hotel chain, which has special historic buildings in its focus. The hotel will be the second European member of the chain, although the opening has been slightly postponed due to the unexpectedly poor static state of the building. We have already written about the fact that there are more and more luxury hotels in the city and, in another article, we shared the main target groups of the industry.