The 'Danubius Hotel Hungaria City Center'in Budapest recently announced that it will not accept bookings between November 1 and February 28.
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The 499 Room Danubius Hotel Huungaria City Center to be closed for 4 months due to European energy crisis.
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Danubius hotels of other regions will remain open as per the management.
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Due to economic crisis it is hard for the big hotel to run efficiently.
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The hotel has already informed its gues on the closure and also relocated the staff to other branches.
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It is said the hotel is struggling with high utility bills from August 2022.
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Tamas Flesch the president of these Hungarian Hotels have gave a vaugue picture of the situation.
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Flesch said the monthly energy bill for a 150-room hotel has rocketed from 10-12 million Hungarian forints (24,128-28,953 U.S. dollars) to 100 million forints.