IHG Hotels & Resorts Heralds Two New Signings In Budapest with BDPST Group, For Its Vignette Collection and voco Brands

IHG Hotels & Resorts signs two new properties in Budapest with BDPST Group, including a Vignette Collection hotel and a voco hotel.

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IHG Hotels & Resorts Heralds Two New Signings In Budapest with BDPST Group, For Its Vignette Collection and voco Brands

TL;DR

IHG Hotels & Resorts has signed two new properties in Budapest with BDPST Group, including a Vignette Collection hotel and a voco hotel. The hotels, Verno House Budapest and voco Budapest, are set to open in summer 2023 and late 2023, respectively.

The signings are Verno House Budapest, Vignette Collection, which is set to open in summer 2023 under a franchise agreement, and voco Budapest which is due to open in late 2023 with a management agreement. Both properties have been signed with owner BDPST Group, a Hungarian-based capital investment company and one of Hungary’s largest hotel owners and operators within the upscale and luxury hospitality market.

Verno House Budapest, opened on 15th December 2022 as a luxury lifestyle hotel under the Botaniq collection, a lifestyle umbrella brand of BDPST Group. In summer 2023, Verno House will be franchised by IHG Hotels & Resorts to become a Vignette Collection property. The hotel is based in a sought-after city-centre location overlooking Liberty Square, home to many of the city’s diplomatic buildings and close to major attractions such as St Stephen Basilica, Danube Promenade and Andrassy Avenue.

The one-of-a-kind 50-key hotel will have a restaurant with bar, a library room which can be used as a flexible meeting space, and a small wellness area and gym.

The voco Budapest is due to open in December 2023, following a refurbishment of an already operating D8 hotel, currently managed by BDPST Group. Ideal for leisure and business guests due to its central location, there will be a lively restaurant on site which will be the hub of the hotel, and guests can expect many thoughtful touches from cosy bedding made from recycled materials to a locally inspired treat on arrival. Nearby attractions include Vorosmarty Square, home to the city’s most famous Christmas market, which has an abundance of wooden market stalls selling handmade gifts, mulled wine and local delicacies.

István Tiborcz, Owner of BDPST Group said, “It is an honour that IHG Hotels & Resorts chose us to enter the Hungarian market with these two trendy lifestyle brands. BDPST Group's mission is to create cultural values by opening these two properties and IHG is the right partner with whom to achieve our objectives.”

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This story was originally published in Franchising.com on December 22, 2022. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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