Budapest's hotel market expanding

The German low budget hotel and hostel chain A&O is planning to debut in Hungary. To be located on Csengery utca in a refurbished office building, the hotel's opening is planned for August. The hotel will offer 412 beds in 108 rooms. Growing demand for low-budget hotel accommodations is being met by other new investments, according to the Budapest Business Journal. It notes that Russian-based Netizen hotel should finally open with a 400 bed hostel, having been delayed by years by an inability to hire sufficient numbers of skilled staff.