Hotel Oktogon

The Hotel Oktogon development was carried out at one of Budapest’s busiest locations, Oktogon, involving the complete reconstruction and conversion into a hotel of the historically significant palace on Andrássy út, which had previously been in a state of disrepair. The general contractor for the project was Market Építő Zrt.

Originally launched as the A52 Hotel, the Market team worked on a city centre building that was under special monument protection, so the renovation required exceptional expertise, sensitivity and precision. The construction work involved the complete interior renovation and structural reinforcement of the building. In addition to restoring the stone elements of the façade, we also reconstructed and replaced the missing decorative elements (such as the six original stone statues), restoring the building to its original appearance.

During the construction, mock-up rooms were created, which served as a basis for the design of the interior spaces, taking into account the design and functionality requirements typical of international boutique hotels. During the construction, we paid special attention to preserving the historical spatial structure and details, while also incorporating modern, guest-centred services.

The hotel, designed by Archikon Építésziroda, has 121 rooms and a net floor area of over 5,000 m². The client for the project was CD Hungary Zrt.

For Market Építő Zrt., this project is not only another reference in the series of historic developments in the city centre (Hotel Moments, Párisi Udvar), but also further proof that it is possible to successfully combine respect for tradition with contemporary requirements, even in a confined city centre environment.