The Ritz-Carlton Hotel Company, L.L.C. is delighted to announce that from 1st September The Elizabeth Park Hotel, Budapest, a Ritz-Carlton Partner Hotel will be managed by the company and following an extensive renovation program, the hotel will be re-launched as The Ritz-Carlton, Budapest in Spring 2016.
The centrally located, 198-room hotel will undergo a comprehensive renovation which includes the addition of The Ritz-Carlton Club, new luxury suites and fresh concepts at the hotel’s dining outlets.
“It is an honour to bring The Ritz-Carlton experience to Hungary at the heart of this vibrant capital city. We are looking forward to opening the newest European hotel in Budapest in 2016” said Herve Humler, President and Chief Operating Officer.
“We are delighted to be partnering with the Ritz-Carlton for such an exquisite property to build on our unique portfolio of hotels. We are bringing together two of the best names in the business, both dedicated to offering world-class luxury and hospitality. We look forward to welcoming guests to experience the renewed property in early 2016,” said Mohammed Al Habtoor, Vice-Chairman and CEO, Al Habtoor Group, the hotel’s owner.
Marcus A. Loevenforst has been appointed as the General Manager to lead the team of Ladies and Gentlemen at this historic location and oversee the transformation of the hotel into the first Hungarian property for
The Ritz-Carlton portfolio. Mr. Loevenforst, originally from Germany, brings more than 23 years of luxury hospitality experience spanning several continents and locations, including Stuttgart, Miami, San Francisco, Cleveland and Toronto, and with The Ritz-Carlton Hotel Company in Berlin, Bahrain, Moscow and Naples. Most recently his role was as Vice President, Operations for EDITION hotels.
The Elizabeth Park Hotel, Budapest is located on St Erzsebet Square with commanding views over St Stephen’s Basilica in the heart of the city, only a short distance from the business district and shopping areas. The Hungarian capital is home to an extensive World Heritage site, including the banks of the River Danube, the Buda Castle quarter, Andrassy Avenue and the Millennium Underground railway, the second-oldest metro line in the world. It is one of Europe’s most beautiful cities and a popular tourist destination known as “The City of Spas” with many natural thermal and medicinal springs.
About The Ritz-Carlton Hotel Company, LLC
The Ritz-Carlton Hotel Company, L.L.C., of Chevy Chase, Md., currently operates 90 hotels in the Americas, Europe, Asia, the Middle East, Africa, and the Caribbean. More than 40 hotel and residential projects are under development around the globe. For more information or reservations, visit the company web site at www.ritzcarlton.com, and for the latest company updates, visit news.ritzcarlton.com. The Ritz-Carlton Hotel Company, L.L.C. is a wholly-owned subsidiary of Marriott International, Inc. (NASDAQ:MAR).
About Marriott International, Inc.
Marriott International, Inc. (NASDAQ: MAR) is the world’s largest hotel company based in Bethesda, Maryland, USA, with more than 6,000 properties in 122 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts. The company’s 30 leading brands include: Bulgari®, The Ritz-Carlton® and The Ritz-Carlton Reserve®, St. Regis®, W®, EDITION®, JW Marriott®, The Luxury Collection®, Marriott Hotels®, Westin®, Le Méridien®, Renaissance® Hotels, Sheraton®, Delta Hotels by MarriottSM, Marriott Executive Apartments®, Marriott Vacation Club®, Autograph Collection® Hotels, Tribute Portfolio™, Design Hotels™, Gaylord Hotels®, Courtyard®, Four Points® by Sheraton, SpringHill Suites®, Fairfield Inn & Suites®, Residence Inn®, TownePlace Suites®, AC Hotels by Marriott®, Aloft®, Element®, Moxy® Hotels, and Protea Hotels by Marriott®. The company also operates award-winning loyalty programs: Marriott Rewards®, which includes The Ritz-Carlton Rewards®, and Starwood Preferred Guest®. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com and @MarriottIntl.