Danubius Hotel District V joins the portfolio – Danubius continues to strengthen its hotel chain

Danubius Hotels continues its growth: from 1 October 2026, the current H2 Hotel Budapest will join the hotel chain under the name Danubius Hotel District V. With the addition of the 157-room city-centre hotel, the number of hotels in the Danubiusportfolio will increase to 17.

Located in Budapest’s District V, the hotel will further strengthen Danubius’s presence in the capital with an excellent city-centre location. Its proximity to St Stephen’s Basilica, the Hungarian Parliament Building, the Chain Bridge and the Danube make it a popular choice for individual and group leisure guests as well as business travellers.  

The new name puts the location at the centre: Danubius Hotel District V refers to Budapest’s fifth district. With its modern, urban character, the hotel adds a new dimension to Danubius Hotels’ Budapest offering and complements the chain’s existing properties. 

Another important step in Danubius’s growth 

The addition of Danubius Hotel District V marks a long-awaited milestone in the development of the hotel chain. The expansion also reflects the long-term commitment of Danubius’s British owner, CP Holdings, to the continued growth of Danubius Hotels. 

“We have been working for a long time to expand our portfolio with a new hotel, so we are particularly pleased to be taking another important step. With Danubius Hotel District V, we are further strengthening our presence in one of Budapest’s best city-centrelocations. From 1 October, we will welcome guests across 17 hotels. With the support of our owner, we continue to develop Danubius and pursue further growth, while looking for new opportunities that will strengthen our position in the Hungarian and international hotel markets,” said Balázs Kovács, CEO of Danubius Hotels Zrt. 

Danubius signs a long-term agreement 

The building housing Danubius Hotel District V is owned by LGT Immo Kft., a member of the Austrian ILAG Group, which has entered into a long-term hotel operating agreement with Danubius. The assignment further strengthens Danubius’s role in the Hungarian hotel market and marks another important step in the company’s growth strategy. 

“We were looking for a hotel operating partner with a stable professional background, significant local market experience and high-quality hotel management expertise. In Danubius, we have found a reliable, long-term partner whose expertise and strong presence in Hungary provide a solid foundation for the hotel’s continued successful operation and development,” said Éva Zupkó, Managing Director of LGT Immo Kft. 

Newmark VLK Hungary, the real estate advisory firm, assisted the owner in selecting the operator. Speaking on behalf of the company, Managing Director Péter Takács said: “We saw strong interest in operating the hotel from both domestic and international players, confirming Budapest’s status as a leading European tourism destination. A property in such a central location and in excellent technical condition represents an exceptional long-term investment for owners and a strong expansion opportunity for an experienced operator.” 

An established team is also joining Danubius 

Danubius Hotel District V will join the hotel chain on 1 October, maintaining continuous operations. Along with the hotel, its established team of 20 also continue their work as part of the Danubius community, ensuring that guests are welcomed by colleagues who know the property well. 

In recent years, Danubius has invested approximately HUF 50 billion in the development and refurbishment of its hotels. Alongside these investments, the hotel chain intends to further strengthen its market presence through new business and hotel operationalopportunities. 

With the addition of Danubius Hotel District V, Danubius will further strengthen its position with another outstanding city-centre location and new business opportunities. 

Further information: press@danubiushotels.com 

About the Danubius hotel chain 

Danubius Hotels Zrt. is owned by UK-based CP Holdings Ltd., which has hotel interests across several European countries. Danubius operates 17 hotels in Hungary. Its portfolio includes hotels operating under the Danubius Hotels and Ensana brands, as well as Hilton Budapest, Radisson Blu Béke Hotel, Budapest, and Hotel Erzsébet City Center Budapest, a member of Radisson Individuals. 

One of the highlights of the portfolio is White Raven Skybar & Lounge, an exclusive rooftop bar offering one of the finest panoramic views of Budapest. 

Danubius Hotels properties offer a wide range of services for individual and group business travellers, as well as distinctive conference and event facilities brought together under the Danubius me: brand. The All-Inclusive offering and Bubbles Club programme for children further enhances Danubius Hotels’ services for families. 

The company prides itself on being innovative not only in its business services but also in its approach to employment, believing that guests and employees are equally important to the company. In addition to receiving the "Employer of the Year" award and the "Gold Level Responsible Employer" recognition, this is demonstrated by the training and mentoring of 250 professional interns each year.