The best “hotel development of the year” recognition was given to the Continental Hotel Budapest****Superior in Budapest at the gala of CIJ Awards on December 2, 2010. The CIJ AWARDS recognises companies and personalities operating in the real estate business and awards the best improvements. It is considered as the most prestigious business award of the Central and Eastern European real estate industry.
This year’s award is of special importance during the decline of hotel investments, since the project proved that it is feasable to construct a 272-room full service hotel within 15 months. The heritage building was reborn from the ashes of the former Hungaria Baths and Continental Hotel by creating an oasis in the middle of the downtown.