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Budapest: the Pearl of the Danube on rocky waters

8 min reading time

Published on 08/06/11 - Updated on 17/03/22

Hungary became part of the European Union in 2004 and as of 1 January of this year, it is at the head of the international organization for a rotating six-month period. The city’s hotels are expecting a much-needed 40,000 visiting politicians and decision-makers during the six-month presidency because Budapest, otherwise known as the Pearl of the Danube, seems to be swimming in rocky waters.

Land of the “goulash communism”, which combined communism with some elements of a free market, Hungary was very popular for tourism, for visitors from other communist nations from the 60’s -80’s, and as soon as 1977, opened to Hilton Hotels which entered Budapest thanks to a partnership with the...

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