The World Of Hospitality Issue 12 2015 - Page 4

04 industry news the World Of Hospitality Industry News Food and eating out top Britain’s favourite small business purchases The Elizabeth Park Hotel Budapest, a Ritz-Carlton Partner Hotel Opens In The Heart Of The Hungarian Capital T he Ritz-Carlton Hotel Company, L.L.C. is delighted to announce that, as from the 1st September The Elizabeth Park Hotel, Budapest, a Ritz-Carlton Partner Hotel will be managed by the company and following an extensive renovation program, the hotel will be re-launched as The Ritz-Carlton, Budapest in Spring 2016. The study from new web-to-print service Avery WePrint has revealed the products and services the British public prefers to purchase from small and independent businesses. Food and drink are high on the list with restaurant meals, fresh produce, takeaway coffee and food-to-go all featuring in the top ten. Happier purchasing from a small business The centrally located, 198-room hotel will undergo a comprehensive renovation which includes the addition of The RitzCarlton Club, new luxury suites and fresh concepts at the hotel’s dining outlets. Over 80% of Brits reported feelings of happiness or contentment when they purchased from a small business. This figure dropped to just 53% feeling this way after purchasing from a large company or chain. A quarter of Brits said choosing to buy from a small business actually made them feel good about themselves. “It is an honour to bring The Ritz-Carlton experience to Hungary at the heart of this vibrant capital city. We are looking forward to opening the newest European hotel in Budapest in 2016,” said Herve Humler, President and Chief Operating Officer. Fiona Mills, of Avery WePrint who commissioned the research, commented on what the findings mean for the UK’s small and independent food and drink sector: “We are delighted to be partnering with the Ritz-Carlton for such an exquisite property to build on our unique portfolio of hotels. We are bringing together two of the best names in the business, both dedicated to offering world-class luxury and hospitality. We look forward to welcoming guests to experience the renewed property in early 2016,” said Mohammed Al Habtoor, Vice-Chairman and CEO, Al Habtoor Group, the hotel’s owner. “The research shows businesses of all sizes and sectors can learn from one another, what’s important as a business grows is not to lose sight of the values and service levels that were there in the beginning. Customers say they feel valued by small companies and that’s something every business should be trying to emulate.” Marcus A. Loevenforst has been appointed as the General Manager to lead the team of Ladies and Gentlemen at this historic location and oversee the transformation of the hotel into the first Hungarian property for The Ritz-Carlton portfolio. Mr. Loevenforst, originally from Germany, brings more than 23 years of luxury hospitality experience spanning several continents and locations, including Stuttgart, Miami, San Francisco, Cleveland and Toronto, and with The Ritz-Carlton Hotel Company in Berlin, Bahrain, Moscow and Naples. Most recently his role was as Vice President, Operations for EDITION hotels. The Elizabeth Park Hotel, Budapest is located on St Erzsebet Square with commanding views over St Stephen’s Basilica in the heart of the city, only a short distance from the business district and shopping areas. The Hungarian capital is home to an extensive World Heritage site, including the banks of the River Danube, the Buda Castle quarter, Andrassy Avenue and the Millennium Underground railway, the second-oldest metro line in the world. It is one of Europe’s most bea WF