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Budapest:

Hospitality group Accor, in partnership with real estate developer Futureal, is set to open the first Tribe hotel in Hungary in 2023, according to a press release sent to the Budapest Business Journal.

The hotel, which will be the first Tribe hotel in Eastern Europe will be located in Kertész utca, one of Budapest’s most frequented tourist areas.

The construction work of the complex is expected to start at the end of 2021.

“Tribe is an alternative lifestyle hospitality brand with modern, unique and urban spaces designed in collaboration with local designers. The Tribe brand aims to surprise travelers with an original, exciting and carefully curated experience that focuses on style rather than price, making it a leader in the design-led affordable luxury lifestyle sector. The vibrant capital of Hungary, and the 7th district, is perfect destination for this sophisticated and contemporary brand, and is sure to win the hearts of guest and locals,” says Frank Reul, vice president development, Accor Northern Europe.

The hotel will offer over 250 rooms and spaces designed by the Puhl and Dajka Architects Studio to provide inspiring state-of-the-art technology and comfort. The complex will include a sky bar, bicycle rental, a fitness center, and a coworking office.

Distinguished international design studios have contributed to the Hungarian hotel’s concept including DeSallesFlint Interior Design, as well as Nina Weinstein Lighting Design and Hilla Mayer Lighting Design.

Tribe is Futureal’s first hotel development, further expanding the company’s diverse portfolio.

“Futureal is about to open a new chapter in its successful real estate operation of almost two decades as we are entering the hotel sector. As a result of careful preparation, deep market research, and planning, our latest business line can start with a remarkable project in Hungary. We believe that we have found the right partner in Accor to introduce an exciting brand to the local market, and to create a solid, long-term cooperation for realizing further developments,” says Tibor Tatár, CEO of Futureal.

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