France´s Accor to Open Several Hotels in Hungary
12 December 2005 5:00am
The new Budapest four-star hotel will cost €20 million to build, the Gyor hotel will cost EUR 6m and the Budapest three-star hotel €7 million. There are also plans to open another Ibis hotel in Budapest, at a cost of €10 million.
The Hungarian subsidiary projects sales revenue of €70 million this year, almost level with last year´s figure.
