New hotels to be built around Budapest Airport, Airport Hotel renewed

The Airport Hotel in Vecsés has been renovated with substantial state support, and further investments are planned for Budapest Airport in the near future.

Currently, there are over 300 hotel rooms across four hotels at Ferihegy and its immediate surroundings, plus a few smaller guesthouses, which together do not exceed 200 rooms. However, when Wing’s new hotel is completed, the total number of rooms will rise to over 700, Menedzsment Fórum reports.

As we reported earlier, the government recently acquired a majority stake in Budapest Airport Plc. In connection with this, Prime Minister Viktor Orbán stated that welcoming 30 million passengers a year is a realistic goal. In the post-Covid recovery, 14.7 million people visited the airport last year. Doubling this figure will require significant investment, which is challenging in the short term, especially as the government is preparing further cutbacks and much depends on the French minority owner.

The new owners of Budapest Airport, the Hungarian state and its French partner Vinci, are expected to present a longer-term plan soon. This could include an additional hotel, which is scheduled to be built with an external real estate developer. The plan will also involve utilising not only the third terminal but also Terminal 1. Terminal 1 has long been an event centre and a hub for small aircraft traffic, but it has greater potential.

Additionally, a new hotel could be built next to the Market Central commercial centre at the major junction near Vecsés by the motorway to the airport. Only a quarter of the planned office park has been completed there, leaving a large area available for development.