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Iberostar - The Grand Collection in Budapest

Budapest's new five star hotel recently opened - The Iberostar Grand Hotel on 26 October 6. utca in Szabadság tér, district 5. Also, Spanish owner plans to invest in district 13 in near future.

5 December 2011


The hotel is a member of Grand Hotel Collection of the Spanish hotel chain Iberostar. Hotels of Grand Collection series are all 5 star+ category - the company said. The renovated 200-year old historic building in Szabadság tér - in ruins for decades - has regained its original beauty. Facade, of course, looks like a 200-year old design because eclectic interior is absolutely suprising.

Iberostar - The Grand Collection Budapest The hotel

The five star hotel is highly recommended for business travelers who prefer rooms in "mediterranean-style" ( in terms of very different aspect)with high-end features as well as Spanish cuisine and Mediterranean specialties. Iberostar Grand Hotel features 50 contemporary rooms and suites offering spa and thermal services on 5 floors.

Iberostar Hotels & Resorts hotel chain was founded by the Fluxá family in 1986 in Palma de Mallorca. As part of Grupo Iberostar Group, which is one of the largest Stourist consortium with 50-year history in Spain, the Iberostar Hotels & Resorts currently manage 100 hotels and 36 thousand hotel rooms in 15 countries - the company said.

Opening ceremony

Miguel Fluxá, owner and CEO of Iberostar, and Fernando Masaveu, the president of Grupo Masaveu, attended opening ceremony on 27 October in Hungary. Further, prominent representative of the Hungarian government, municipality of both district 5 and Budapest also respected ceremony with their presence. The Ambassador of Spain and great Hungarian business leaders as well as celebrities brought good luck to the new 5 star hotel.

Miguel Fluxá expressed his joy that the hotel chain had opened the very first city hotel in Budapest even the most beautiful part of the city - said in his speech. The Fluxá and the Masaveu family are among the famous Spanish dynasties. Fluxá Miguel pointed out that the two families had been working together in various businesses through five generations and their common success were driven by conservative busienss policy.


Iberostar - The Grand Collection Budapest

Miguel Fluxá, owner and CEO of Iberostar, and Fernando Masaveu, the president of Grupo Masaveu, attended opening ceremony on 27 October in Hungary

Word & Doubts

Iberostar & Masaveu investment meant  to Hungary that the two great Spanish companies had significant trust in its prosperous economy - said Zsolt Becsey (from the Hungarian Government). He added long term commitment to Hungary supported by their respective investments.

Fernando Masaveu confirmed the Hungarian Governement's expectation, who announced that his company planed to invest particularly in district 13. Andras Puskas, Deputy Mayor of district 5, told that co-operation between the developer and municipality of district 5 was excellent from the beginning of project development. Thanks to this, one of landmark buildings of Szabadság tér was renewed as high standard as it was expected - he finished his speech.




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