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Gresham Palace in Budapest (Gresham-palota) - Four Seasons Hotel Gresham Palace Budapest

The Gresham Palace, also known as the Gresham Palace (Gresham Palace / Gresham Palace, the Hungarian name - Gresham-palota), is one of the most beautiful and recognizable buildings in Budapest.

The Gresham Palace is located near the Pest promenade (Eastern side of the Danube river) on the Szechenyi square (Szechenyi Istvan ter), the Eastern edge of the Chain bridge.

The building of the Palace was built in the early 20th century (1904-1906) in the art Nouveau style as an office and residential center.

Once the site of Gresham house stood Nako (Nako House), representing the neo-classical Palace built in 1827. In 1880 the London Gresham Life Assurance company bought the building and decided to build its own headquarters with a more luxurious ambience. The new project was entrusted to local architects Zigmond Kittner and Jozsef Vago. The new building was opened in 1907. The house was named after the English financier of the 16th century sir Thomas Gresham, founder of the Royal exchange in London.

Initially, the Palace served as an office building and a residence for senior employees of Gresham. During the occupation of the Second world war the Red army used the building as barracks. Eventually the building became dilapidated and was used as a dwelling house during the time of the Hungarian people's Republic. In 1990, after the collapse of the Communist regime, the national government presented the Palace to the city of Budapest.

In 1998 came the second heyday of the Palace Gresham. The company Gresco Investments Ltd purchased the building and received approval from the heritage Council of Budapest to reconstruct it as a hotel while preserving the original art Nouveau architecture.

In 2001 the building was bought by the Irish investment company Quinland Private. They have largely reconstructed the building into a luxury hotel, restoring such original details as a large staircase, stained glass Windows, mosaics, and articles of iron and winter gardens. The hotel was opened in June 2004.

Currently, the walls of the historic Gresham Palace is one of the most luxurious hotels of Budapest - 5-star Four Seasons Hotel Gresham Palace Budapest, and many rooms offer beautiful views of the Danube river, which runs cruise ships and pleasure boats, scenic hill, Buda castle and the gellért hill on the Buda side.

In hotel: infinity pool, Spa and Wellness centre, a fitness room, a restaurant, a bar and a business centre.

The rooms and suites of the hotel: television with satellite channels, air conditioning, mini-bar, tea/coffee maker, wired and wireless Internet and iPod dock. The bathroom is marble with a spacious bath or shower. In addition, most suites have an additional guest bathroom. Link to the hotel

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