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Vacant for Twenty Years, a Legendary Building Is Now a Luxury Hotel

Hungary Today 2023.07.18.

One of the capital’s most beautiful buildings, long neglected, has been given a new function. A five-star, 151-room hotel has opened just opposite the Opera House, reports Világgazdaság.

The five-star W Budapest Hotel has opened its doors. The capital’s newest luxury hotel is located on Budapest’s most exclusive shopping street, Andrássy Avenue, in a unique building.

The W Budapest Hotel is right opposite the newly renovated Opera House, and

it is in the Drechsler Palace, former home of the Hungarian State Ballet Institute. The building has been vacant for nearly 20 years.

Andrássy Avenue, Drechsler Palace. The photo was taken between 1884-1890. Photo via Fortepan

The legendary property – once a café and community center – has undergone a complete renovation in recent years. With 151 rooms, including 45 suites, the hotel is part of the Marriott Bonvoy portfolio. It is also the brand’s debut in Hungary.

Photo via Facebook/W Budapest


The Drechsler Palace was built between 1883 and 1886 based on the designs of Ödön Lechner and Gyula Pártos in French Renaissance and Neo-Gothic styles, and has been modernized under the expert direction of DVM Group, the general contractor responsible for the historical restoration and interior design of the project.

In the past, the group has carried out international award-winning monument renovations of similar scale, such as the Eiffel Palace, the Váci 1 business center, Villa Ybl, and the American Embassy.

Photo via W Hotel

The reconstruction involved all rooms of the property, covering a total of 16,000 square meters. Among others

  • the main building and the interiors were restored,
  • mechanical and electrical modernization was carried out,
  • the roof space has been fully restored.

The hotel’s connection to ballet is reflected in the all-black Extreme WOW Suite and the white WOW Suite, paying tribute to the famous ballet work, Tchaikovsky’s Swan Lake. The new hotel also features a number of meeting and event spaces. The Great Room is ideal for large-scale celebrations, but two studio rooms have also been created for business meetings.

Luxury Hotels to Open in Budapest
Luxury Hotels to Open in Budapest

Budapest has essentially only two rivals in the region on this front: Vienna and Prague, but the hotels opening in the Hungarian capital could soon be the envy of its neighbors.Continue reading

Via Világgazdaság, Featured image via Facebook/W Budapest

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