The Elizabeth Park Hotel in Budapest will be managed by The Ritz-Carlton Hotel Company, L.L.C. The plan is for an extensive renovation of the hotel, with a relaunch as The Ritz-Carlton, Budapest in spring 2016.
The centrally located, 198-room hotel will undergo an broad renovation, including the addition of The Ritz-Carlton Club, new luxury suites and fresh concepts at the hotel’s dining outlets.
Marcus A. Loevenforst has been appointed as the GM that will lead the team and oversee the transformation of the hotel. He brings with him more than 23 years of luxury hospitality experience spanning several continents and locations.
Mohammed Al Habtoor, Vice-Chairman and CEO, Al Habtoor Group, the hotel’s owner, said: “We are bringing together two of the best names in the business, both dedicated to offering world-class luxury and hospitality.”