Hungária Hotel - Szeged

Category: hotel, historical monument

Location:
A building of European renown and a venerable history, it is located in the inner city of Szeged, on the bank of Hungary’s second largest river, the Tisza. The building is bordered by a promenade running along the river on one side and a major artery of the city on the other side.

Development opportunities:
Property development, in cooperation with or as commissioned by a financial or strategic investor, could take any of the following forms:

• Arab Educational and Culture Centre. Read more about this project here.
• restore the Old Hungária Hotel in a modern form with a new business philosophy and a new name as a 4-star superior inner-city hotel. The hotel project has a valid building permit and a planning documentation has been compiled about the building’s historical monument aspects.

Description:
Stefania Palace opened to the public in 1897 and soon it became one of the three most valuable buildings of the city. After World War I the property was converted into a hotel, which operated until 1976, although it was nationalized in 1949. The inner city location as well as the historic past and reputation of the building justify the restoration of its grandeur through renovation. Currently the building stands empty and unused.

Planned services:

• hotel (upmarket hall of residence for students),
• services (restaurant, coffee shop, souvenir shop, medical dispensary, library, wellness parlour, fitness room)
• culture (event centre, library, exhibition hall, spaces for devotion). 

Introducing the planned, new hotel:

Rooms:

• It is planned to renovate the building in Art Nouveau style. Its services will be befitting a 4-star superior hotel. Double/Twin: 50 
• Total: 68 room units – 124 beds.

Restaurant:

• The 150-seat restaurant has the character of a historical monument. It is protected and built in Art Nouveau style. It has a display kitchen and a big terrace looking on a cityscape.

Dessert Salon:

• The salon will offer a rich assortment of tea, coffee and cakes. With a seat of 22, the salon will welcome guests from inside and outside the hotel. Wi-Fi service will make the place even more attractive.

Conferences and banquets:

• a domed, concert and dancing hall with a seating capacity of 200. It is a listed hall.
• 2 conference halls for 80 persons each; one multifunctional and multimedia concert hall for 40 persons; 

Wellness Studio:

fitness hall, a Finnish community sauna, an aroma steam cabin, a hydro massage tub / Jacuzzi, hair salon, cosmetic parlour, manicure and pedicure parlour, card-controlled access – not for hotel guests only.

Investor target groups:
Property development firms that are interested in building/operating hotels.

Present technical parameters:

Address: Szeged
Area of plot: 1,796 m2
Gross leasable area: 6,286 m2
Other : A protected historical monument