NH Hotel Group adds eight properties from Boscolo hotels to their collection

NH Hotel Group has reached an agreement with Covivio, one of the key European real estate players, to operate a portfolio of eight high-end hotels, with prime locations in Rome, Florence, Venice, Nice, Prague and Budapest.

The portfolio includes iconic hotels such as the Palazzo Naiadi in Rome, the Carlo IV in Prague, the Plaza in Nice and the NY Palace in Budapest.

These Boscolo hotels had previously been bought by Covivio. The agreement has an initial duration of 15 years and the transaction is expected to be fully complete by the end of the first half of 2020. However, the hotels in Florence and Nice which are currently being fully refurbished are expected by June 2020 and January 2021 respectively.

This agreement will add 1,115 rooms to NH Hotel Group’s luxury properties. The hotels are centrally located in Rome, Florence, Venice, Nice, Prague and Budapest, six are in the 5-star and two are 4-star categories. The hotels are flagship establishments and they will gradually be rebranded under the Anantara Hotels & Resorts and NH Collection brands.

The first Barcelo Hotel opens in Hungary

The 4-star Barcelo Budapest will open next month and is located right in the heart of the city. It’s in Pest, the east side of the Danube, in the Terezvaros district VI which is the historic centre of the city and surrounded by museums, art galleries and restaurants. Most of the major sights are within 15 minutes walk from the hotel. The transfer from the airport takes about half an hour.

The hotel will have 179 bedrooms and a stylish roof terrace which is perfect for drinks receptions. There are three meeting rooms with a maximum capacity for 110 people. The meeting rooms all have natural daylight and the outdoor terraces can also be used for events.

Much of Budapest is an UNESCO World Heritage and many of the historic buildings can be used for events, such as the Castle in Buda, overlooking the city or the Art Nouveau Gellert Spa baths. The main street is Andrassy Avenue, home to the State Opera House. The Museum of Fine Arts and the Hall of Art can both hold dinners and conferences, and these are located in Heroes’ Square, at the end of Andrassy Avenue, which is one of the most visited sights in Budapest.