Ruby begins its expansion in Eastern Europe and chooses Budapest
🏨 Ruby Hotels is expanding in Europe under CEO Michael Struck, opening its first Budapest hotel in 2026. Transforming the historic Corvin Palace, built in 1926 and located at Blaha Lujza Square, the hotel will feature 181 rooms and a mix of commercial, gastronomic, and cultural spaces. Designed by Matthew Balon, the 4-story hotel respects the original architecture and offers city views from a 5th-floor attic with 6-meter ceilings. Construction begins late 2025; the Balogh family, known for architectural preservation, collaborates on this project.
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