Hungary’s Mellow Mood Group plans to complete an HUF 8bn transformation of a run-down hotel next to the Hungexpo Budapest Fair Center into a four-star accommodation that will serve all o the needs of expo-goers by the end of the summer, business daily Vilaggazdasag reported on Monday.
The 160-room hotel will have three conference rooms with a combined capacity for 250 people.
Mellow Mood Group is paying for the project in part with a loan from CIB Bank. It will operate the hotel under its Congress Hotels brand.
The All Hungary Media Group is firmly committed to freedom of expression and therefore applies a mostly "hands off" approach to comment moderation. Comments left by readers represent their own views and do not necessarily reflect the opinions or beliefs of the staff, editors or owner of the All Hungary Media Group, who nonetheless reserve the right to remove comments that are off-topic or which moderators consider to constitute "hate speech." Also note that in order to prevent spam we generally close entries off to comments several days after publication.
