STRATEGIES / The power of collaboration - Corinthia Hotels in Budapest count on themselves, not on their city
Magazin • 16.5.2008 • 3045
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The power of collaboration

Corinthia Hotels in Budapest count on themselves, not on their city

16.5.2008

Budapest. Due to the EU membership, the Hungarian government had to cut down on the budget and mainly reduced its support of tourism. The two Corinthia Hotels in Budapest are suffering the effects. They no longer count on the activities of the Hungarian tourism office, but on their own - a new collaboration with Wyndham, a partial shareholder of Corinthia. An example of a volatile Eastern European market.

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