• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
Orbán’s son-in-law is now the owner of Hungary’s best-known hotelOrbán’s son-in-law is now the owner of Hungary’s best-known hotelOrbán’s son-in-law is now the owner of Hungary’s best-known hotelOrbán’s son-in-law is now the owner of Hungary’s best-known hotel
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
  • EU rapporteur: Hungarian secret services have been leaking to the Russians for years – UPDATED

Support us
Hetzmann Mercédesz Hetzmann Mercédesz · 11/12/2022
· Business

Orbán’s son-in-law is now the owner of Hungary’s best-known hotel

Budapest development hotel Hungary Viktor Orbán
gellert hotel budapest

booking.com

BDPST Group has signed an agreement for the purchase and modernisation of the prominent Gellért Hotel in Budapest. Under this agreement, the hotel will be reborn as a five-star top-class hotel on the Danube. The majority owner of the company is none other than István Tiborcz, PM Viktor Orbán’s son-in-law.

Hungary’s best known hotel, the Gellért Hotel, will return to the Hungarian accommodation market with a completely renewed interior and new quality services, Index reports. According to István Tiborcz, the renewal of the hotel will be an important milestone in the development of the overall top-class accommodation offer in Budapest.

Under the terms of the share purchase agreement signed on 9 December, BDPST Group will own the hotel after the closing of the transaction, thus expanding its portfolio in the Budapest hotel market with a new hotel, according to a statement sent to Index.

The hotel will undergo a complex renovation in the future.

Euro
Read alsoA leaked confidential Brussels letter shows Hungary should prepare to lose EUR billions of EU funds

Source: Index

Budapest development hotel Hungary Viktor Orbán
Share
Hetzmann Mercédesz
Hetzmann Mercédesz

7 Comments

  1. Joe Smith says:
    11/12/2022 at 14:41

    These guys make Trump look like an amateur.

  2. Janos says:
    11/12/2022 at 23:48

    Sorry but yes, corruption in Hungary certainly has a stronger hand than most other places. And anyone wonders why the EU has finally tightened the purse-strings. Putin Party wins again.

  3. Nepotism / Keep it in the family says:
    12/12/2022 at 01:37

    @Joe Smith:
    🙂 😀 How very very right you are.

    I always thought that there are some Hungarians who can outdo anyone else in the world, and in this sense our very own PM can really trump Trump.

  4. Tm says:
    12/12/2022 at 09:58

    The brilliant EU is still recovering from the loss of the UK a 1/3 of its income.

  5. Norbert says:
    12/12/2022 at 10:31

    Mr. Tiborcz is a very successful enterpreneur …

    https://budapestbeacon.com/olaf-elios-zrt-may-have-engaged-in-organized-crime-under-istvan-tiborcz/

    Good thing the Politicians had Hungarian tax payers pay for the EU funded projects so that the EU no longer had financial interest and jurisdiction in the case and the relevant authorities were able to conclude that, contrary to the European Anti Fraud Office’s assessment, all was well! Wonder why the EU has concerns with respect to transparency in Hungary.

  6. Anonymous says:
    12/12/2022 at 13:18

    “PM Viktor Orbán announced on his Facebook page this afternoon that the Hungarian government would take the excess profits of MOL, Hungary’s and Central Europe’s biggest oil and gas company. The money will be transferred to the government’s so-called Utility Protection Fund”.

    An extract from another DNH article.

    Perhaps this is how the PM’s son-in-law bought the hotel…….!?

  7. Some people have all the "luck" ;) says:
    13/12/2022 at 01:48

    I just started to wonder (again) if Mr Orban has any relatives, close friends, associates and/or inner circle FiDeSz members left who are not (yet) billionaires, ie. “successful entrepreneurs” 😉 ? What a very, very “gifted” bunch of people they must be. 🙂

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • VIDEOS: Hungarian star singer sang ‘gangster song’ to Hungary’s justice minister on concert
  • New historic low: Hungarians receive way lower minimum wage than Romanians
  • Minister: Hungary does not support a uniform Europe
  • Direct flights may commute between Budapest and two Asian countries soon
  • PHOTOS: Hungary team rescues 12 from beneath Türkiye earthquake rubble, Wizz Air brings help – UPDATED
  • Polish official: despite disagreements, Polish-Hungarian cooperation is important
  • Central and Eastern Europe’s largest virtual film studio to be built in Hungary
  • Hungarian scholar won EUR 2m for groundbreaking research

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V