Hotel Indigo Budapest Andrassy will open in the second quarter of 2028, with 103 guest rooms, a bar and a restaurant.
The property will be located Andrassy Avenue, which was recognised as a world heritage site in 2002, close to the new museum quarter in the City Park.
Holiday Inn Express Vagohid is set to open in early 2027 in district nine, with 162 guest rooms.
Situated in the southern part of the city, the hotel will be amongst businesses, close to the National Theatre.