Dubai conglomerate Al Habtoor Group has added Le Méridien Budapest to its hotel portfolio. The financial details of the transaction were not disclosed.
Dubai conglomerate Al Habtoor Group has added Le Méridien Budapest to its hotel portfolio. The financial details of the transaction were not disclosed.
Le Méridien Budapest is a five-star hotel in the heart of Budapest, just minutes away from the River Danube.
The hotel, which is managed by Starwood Hotels & Resorts under the Le Méridien brand, has 218 bedrooms and two restaurants.
Al Habtoor Group is best known as a construction company but is also active in real estate, finance, education, automotive and publishing sectors. The group owns 10 hotels, three existing assets and four developments are located in Dubai, and two hotels in Beirut.
