MARKET NEWS / New splendour in Budapest: Boscolo opens Palace New York
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New splendour in Budapest: Boscolo opens Palace New York

Budapest. The Italian Boscolo group are to convert the legendary Café New York in Budapest into a hotel. Behind the renaissance facade in the heart of Budapest, 107 luxury hotel rooms are to be built. The new "Palace New York" is to open in May 2006.

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