Anantara New York Palace Budapest Hotel Explained

Anantara New York Palace Budapest Hotel
Address:Erzsébet krt. 9
Location Town:Budapest
Location Country:Hungary
Coordinates:47.4986°N 19.0705°W
Hotel Chain:Anantara Hotels & Resorts
Number Of Rooms:185
Architect:Alajos Hauszmann, Flóris Korb, and Kálmán Giergl
Owner:Minor Hotels
Style:Belle Époque

The Anantara New York Palace Budapest Hotel is a five-star luxury hotel on the Grand Boulevard of Budapest's Erzsébet körút part, under Erzsébet körút 9–11, in the 7th district of Budapest, Hungary. The hotel is part of the Anantara Hotels & Resorts brand under Minor Hotels.

History

The building opened on October 23, 1894, as a local office of the New York Life Insurance Company. It was designed by architect Alajos Hauszmann, along with Flóris Korb and Kálmán Giergl. The famous New York Café (Hungarian: New York Kávéház), located on the ground floor, has been a longtime center for Hungarian literature and poetry. The statues and other ornaments on the facade of the building, as well as the café's 16 imposing devilish fauns, are the works of Károly Senyei.[1] [2]

The building was damaged in World War II, and then nationalized during the communist era. The New York Café was renamed the Hungaria Café in 1954. In 1957, Hungarian sculptors Sándor Boldogfai Farkas, Ödön Metky, and János Sóváry carved replicas in the café of the damaged allegorical sculptures of Thrift and Wealth, America and Hungary. The New York Café was returned to its historic name in 1989, with the fall of communism.

In February 2001, the structure was sold by the Hungarian government to the Italian Boscolo Hotels chain for US$8 million. The building was completely renovated and reopened on May 5, 2006[3] as the New York Palace - A Boscolo Luxury Hotel, a 107-room luxury hotel, including the restored New York Café.[4] [5] [6] [7] In 2011, the name was shortened to Boscolo Budapest Hotel. In 2017, it joined The Dedica Anthology Hotels as the New York Palace Budapest Hotel.

In January 2020, Covivio, a European investment and development company, acquired the eight hotels under The Dedica Anthology's portfolio, with these hotels subsequently managed by NH Hotel Group.[8] [9]

In 2018, Minor Hotels, the parent company of Anantara Hotels & Resorts, acquired a majority stake in NH Hotel Group.[10] It was renamed as the Anantara New York Palace Budapest Hotel on November 24, 2021.[11] [12]

Notes and References

  1. Web site: New York Palace. aviewoncities.com. 11 February 2014.
  2. Web site: BOSCOLO BUDAPEST AUTOGRAPH COL. russiantrains.com. 11 February 2014. dead. https://web.archive.org/web/20140222013025/http://www.russiantrains.com/en/hotels/firebird/hu/budapest/boscolo-budapest-autograph-col-bud. 22 February 2014.
  3. Web site: CURRENTS: TRAVEL; A Luxury Hotel Opens in Budapest, But Will Poets Return to the Cafe? . . 2006-05-04 . 2022-06-14.
  4. Web site: Boscolo Budapest, Autograph Collection. tripadvisor.com. 11 February 2014.
  5. Web site: Boscolo Budapest, Autograph Collection. hotels.com. 11 February 2014.
  6. Web site: Boscolo Budapest, Autograph Collection. travelpod.com. 11 February 2014. dead. https://web.archive.org/web/20140201054641/http://www.travelpod.com/hotel/New_York_Palace_A_Boscolo_Luxury_Hotel-Budapest.html. 1 February 2014.
  7. Web site: Boscolo Budapest Autograph Collection Hotel reviews. hotelclub.com. 11 February 2014.
  8. Web site: January 13, 2020 . Europe Hotel Transactions Bulletin - Week Ending 10 January 2020 . live . https://web.archive.org/web/20200704213301/https://www.hospitalitynet.org/news/4096493.html . 2020-07-04 . Hospitality Net.
  9. Web site: January 6, 2020 . Värde Partners to sell luxury hotel group The Dedica Anthology . live . https://web.archive.org/web/20200704194830/https://varde.com/news/varde-partners-to-sell-luxury-hotel-group-the-dedica-anthology/ . 2020-07-04 . 4 July 2020 . Värde Partners.
  10. Web site: Ltd . Jacobs Media Group . WTM 2018: Anantara parent company acquires 94% stake in NH Hotel Group . 2024-02-12 . Travel Weekly . en.
  11. Web site: Hamdi . Raini . 2020-01-07 . Minor's NH Swoops Up Portfolio Paving Way for More Anantara Hotels in Europe . 2024-02-12 . Skift . en-US.
  12. Web site: Anantara New York Palace Budapest Hotel Joins Anantara Brand Portfolio in Europe.