Hungary’s biggest hotel will close due to high energy costs

Hungary’s Danubius Hotel Hungariá will close for four months due to rising energy costs According to a statement by the management company Danubius Hotels Group, Hungary’s largest 499-room Danubius Hotel Hungariá will close from November to February to optimize costs amid rising heating and electricity costs. “Danubius Hotels is preparing for the winter period by […]

Hungary’s biggest hotel will close due to high energy costs

Hungary’s Danubius Hotel Hungariá will close for four months due to rising energy costs

According to a statement by the management company Danubius Hotels Group, Hungary’s largest 499-room Danubius Hotel Hungariá will close from November to February to optimize costs amid rising heating and electricity costs.

“Danubius Hotels is preparing for the winter period by optimising energy costs… Danubius Hotel Hungariá will be temporarily closed provisionally from 1 November 2022 until 28 February 2023. The decision is justified by the fact that the 499-room hotel may be difficult to operate efficiently during the winter season under current occupancy forecasts,” the statement said.

It is specified that guests who have booked rooms will be redirected to other chain hotels in Budapest.

“Danubius Hotels’ goal is to keep the majority of our hotels operating efficiently so that, as far as possible, all our employees are employed even in the coming period, which is economically more difficult and in terms of occupancy is weaker. This dual objective will be achieved by the current decision: we can offer our guests many other accommodation options in our hotels in the capital and, just as importantly for us, we will be able to take care of all our colleagues during the temporary closure from November,” Balazs Kovacs, the company’s CEO, said in a statement.

Hungary’s biggest hotel will close due to high energy costs