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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.
"Five-star Superior" rating at the Hotel Vier Jahreszeiten Kempinski in Munich, Germany. Hotel ratings are often used to classify hotels according to their quality. From the initial purpose of informing travellers on basic facilities that can be expected, the objectives of hotel rating have expanded into a focus on the hotel experience as a whole. [1]
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In 2001, the Romanian Public Limited Company, as an interest of Danubius Hotels, gained 82,17% of 1000 hotel rooms and other properties and medicinal facilities located in Sovata, Romania, on a privatization contest. Danubius Hotels acquired its hotels in Slovakia in 2002 with the purchase of 67% of Slovenske Liecebne Kupele a.s. spa complex.
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The site was once occupied by Nákó House, a neo-classical palace built in 1827. In 1880, the London-based Gresham Life Assurance Company bought the property, at a time when it was illegal for insurance companies in Great Britain to invest money in stocks, but rental income was an acceptable and legal investment.
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