A consortium led by the Diorit Private Equity Fund and BDPST Group has agreed to acquire the Budapest Marriott Hotel from CPI Europe, marking a landmark deal in Hungary’s hospitality investment landscape.

The transaction involves the purchase of Duna Szálloda Zrt., the hotel’s owning company, by BDPST Corso Béta Kft. and Liberty Beta Corso Kft.—vehicles established by BDPST Group and the Diorit Private Equity Fund, respectively. Gránit Asset Management manages the Diorit fund. The deal remains subject to regulatory clearance and customary closing conditions.

Marriott International will continue operating the hotel under its current brand following the change of ownership.

“The Budapest Marriott is one of the city’s best-equipped hotels and fits perfectly with our broader strategy in the capital,” said István Tiborcz, owner of BDPST Group. “We see long-term potential in this asset, both financially and strategically, through group-level synergies with our other properties downtown.”

Álmos Mikesy, President and CEO of Gránit Asset Management, added: “For our investors, long-term value creation is always paramount. The Marriott’s central location, iconic status, and stable income profile made this a highly attractive opportunity.”

The acquisition underlines the growing role of private equity in Central European hospitality, as institutional and strategic investors target resilient, income-generating real estate assets with strong brand equity.

Source: Budapest Business Journal

If you think we missed any important news, please do not hesitate to contact us at news@pe-insights.com.

Can`t stop reading? Read more.