Parisi Udvar Hotel opens in Budapest

Mellow Mood Group has opened new hotel in central Budapest. The company invested more than HUF 13bn in the project, which was a renovation and reconstruction of the Parisi Udvar building. The Parisi Udvar Hotel offers 110 guest rooms and suites as well as a spa, fitness center, patisserie and meeting and event rooms. The project, Mellow Mood’s 12th in Budapest, was partially financed with a HUF 8.2bn loan from Magyar Eximbank, according to Minister of Foreign Affairs and Trade Peter Szijjarto. The property is part of Hyatt Hotels’ “Unbound Collection” brand.