The 170-key property will be encompassed within the new Centrale mixed-use development in the XIV district, known as a sports, entertainment and cultural hub, of the Hungarian capital.
A base for business and leisure
IHG has announced plans to open Holiday Inn & Suites Budapest Centrale in partnership with developers Chain Bridge Ventures Ltd and lease operators Mogotel Hotel Group. The property will be conveniently located above Puskas Ferenc Stadion metro station and intermodal transport hub.
Sites in the vicinity include the Puskas Arena and the City Park museum district. For business travellers, the Papp Laszlo events hall and HUNGEXPO Budapest Congress and Exhibition Centre are also nearby.
“We’re delighted to have signed Holiday Inn & Suites Budapest Centrale – an agreement that brings our first ‘& Suites’ offer to Europe for our Holiday Inn brand, offering a longer-stay option in the heart of the capital,”said Willemijn Geels, VP Development, Europe, IHG Hotels & Resorts. “The hotel will be located in a very popular area of Budapest and will provide guests with the perfect base from which to enjoy everything the Hungarian capital has to offer.”
“It has been a pleasure to collaborate with our partners Chain Bridge Ventures Kft and Mogotel Hotel Group throughout the development process, and we look forward to turning our collective visions into reality and welcoming guests at the hotel in the second part of 2026.”
Ivans Dokicans, Member of the Board, Head of development Mogotel Hotel Group AS, commented: “We extend our gratitude to Chain Bridge Ventures Kft and Cushman & Wakefield for their invaluable partnership in the transformative Centrale project.”
“Mogotel is proud to introduce the Holiday Inn & Suites brand to this dynamic hub, enhancing Budapest’s urban landscape. Our collaboration with IHG perfectly aligns with Centrale’s vision, promising a distinguished hospitality experience within this multifunctional complex.”
Catering for longer stays
The new hotel will house 170 guest rooms, including 25 long-stay suites with kitchenettes and their own dining areas. Other facilities here will then span the brand’s signature Open Lobby, a restaurant, lobby bar, meeting room and fitness centre.
Guests will be able to make the most of brand hallmarks like its Kids Stay and Eat Free offering, and during a stay, guests will also have access to the retail outlets and food experience hall of the Centrale mixed-use development it’s to become a part of.
Michael Gagel, Co-Founder, Chain Bridge Ventures Ltd, said: “Centrale’s location next to Budapest’s major sports, entertainment, and exposition venues made a hotel within the scheme an obvious component.”
“With the utmost professional support of David Nath and Felix Nees of Cushman & Wakefield CEE Hotels team, we set out in an operator search process and were very happy to come across Mogotel SA. Mogotel SA immediately understood the site’s full potential and partnered with IHG and its Holiday Inn brand.”
“We are delighted to have both operator and brand on board and we are certain that with Centrale’s retailing facilities, food experience hall, and public transport hub down below, the Holiday Inn & Suites Budapest Centrale will be an exciting place to stay at.”
