Filed under: Luxury Travel & Hotels
The New York Palace Hotel in Budapest opened this week after undergoing an €80 million renovation that not only updated the interior, but built on an entirely new wing. The hotel was originally an office building, built in 1894 for a New York insurance company. It was purchased from the Hungarian government in 2001 by Boscolo Hotels for only €8 million. The redesigned luxury hotel is extremely elegant, with a glassed-over courtyard and walkways full of gilt and marble. According to Boscolo, all of the textiles and furnishings come from Italy. The Hotel's New York Cafe has reopened as well, offering guests a taste of history, as it was a famously popular meeting place for artists and writers before World War II. Rooms start at €290 and the two royal suites start at €2,500 per night.
The addition of the new wing, which is still not entirely complete, will bring the total number of rooms up to 180 from the current 107, as well as adding conference facilities and a parking garage.