Located in the city centre, its history dates back to the late 17th century, though the current building of the hotel was erected in 1915 according to the blueprints of Alfréd Hajós.

The hotel was bought by entrepreneur József Boros in 2013, subsequently a large-scale renovation with government and European Union subsidy began.

[1] The history of the hotel goes back to 1690, when the city purchased the land and the related properties – including a stone building – of local farmer András Bika.

Erected according to the plans of Alfréd Hajós, Hungary's first Olympic champion, the Art Nouveau style building had 192 rooms, new cafés, restaurants, spa, a theatre, and a ceremonial hall.

[2] During its history, the hotel welcomed a number of renowned artists and politicians, among others István Széchenyi, Ferenc Deák.