Hotel Oktogon

In one of the busiest locations in Budapest, Oktogon, the Hotel Oktogon development was completed, which involved the complete reconstruction and conversion of the previously derelict and historically significant Andrássy Avenue Palace into a hotel. The general contractor of the project was Market Építő Zrt.

Originally called A52 Hotel, the Market team worked with a building in the city centre that was under a high level of protection as a historical monument, so the renovation required exceptional expertise, sensitivity and precision. The execution works involved a complete internal reconstruction and structural strengthening of the building. In addition to the restoration of the stone elements of the façade, the missing decorative elements (such as the six original stone sculptures) were reconstructed and reinstalled, thus restoring the original appearance of the building.

During the construction process, mock-up rooms were created and used as a basis for the interior design, taking into account the design and functionality requirements of international boutique hotels. During the design process, particular attention was paid to preserving the historic spatial structure and details, while at the same time incorporating modern, guest-oriented services.

Designed by Archikon Architects, the hotel has 121 rooms and a net floor area of over 5,000 m². The project was commissioned by CD Hungary Zrt.

For Market Építő Zrt., this project is not only another reference in the series of downtown historic developments (Hotel Moments, Párisi Udvar), but also further proof that respect for tradition and contemporary needs can be successfully combined in a tight downtown environment.