Four Seasons Hotels and
Resorts is pleased to announce the opening of its first property in
Hungary, in the historic Gresham Palace on the banks of the Danube River
in Budapest. Located at the foot of the Chain Bridge, the property is the
rebirth of a century-old palace, acclaimed as one of the world’s finest
Art Nouveau buildings. After a $110-million restoration, the 179-room
Hotel is a prominent landmark in the city that combines the luxurious
comforts of the 21st century with the meticulous craftsmanship of
yesteryear. A spa and fitness centre, an indoor pool, two restaurants plus
bar and lounge, and meeting space round out the guest experience.
“Four Seasons Hotel Gresham Palace Budapest is a significant addition to
our growing portfolio of distinctive European properties,” said Wolf
Hengst, president worldwide hotel operations, Four Seasons Hotels and
Resorts. “Guests of the Hotel will experience the art and culture of
Budapest from a luxurious home base, with the best location in the city.”

From its birth in 1906, the Gresham Palace has intrigued residents and
visitors alike for its magnificence as one of the world’s finest Art
Nouveau/Secessionist structures. Originally built as the lavish head
office of the Gresham Life Assurance Company, in the early days, the
building was also a prestigious residence for aristocracy. Following the
war and throughout the Communist era, the building gradually fell into
disrepair, but it got a new lease on life in the late 1990’s when Four
Seasons agreed to participate in the restoration and conversion to a
luxury hotel.

In addition to the history and architecture of the building, Four Seasons
welcomes guests to enjoy modern spa treatments in a country renowned for
its rich spa heritage. The Hotel features a 12 m (39-foot) infinity-edge
lap pool as well as massage and treatment rooms, sauna, whirlpool, steam
rooms and exercise room.

Four Seasons staff has been working closely with local food producers and
wineries to develop a unique dining experience that ranges from light
Italian cuisine to new interpretations of traditional Hungarian dishes,
served in an elegant Art Nouveau setting. Sure to be a favourite meeting
place of local residents and travellers alike, the Hotel can also
accommodate meetings and special events for up to 100 people.

With the opening of the Budapest Hotel, the Four Seasons European
collection will include 10 properties. Multi-destination packages will
combine Four Seasons properties in Budapest with nearby Prague and Berlin.
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