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13th May, 2019

Danubius completes thermal hotel renewal

Danubius Thermal Hotel opened its renovated restaurant on Friday, completing the Ft 3 billion modernisation of the hotel on Margaret Island in Budapest, general manager Péter Mácsai announced at a press conference at the event.

The room occupancy rate was over 60% in the first quarter despite renovation works.

Danubius Hotels, the spa hotel chain that owns the Margaret Island hotel, expects slower revenue growth than last year, remaining under 10%, Mácsai added.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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