Tiborcz's hotel may lose its prominent status

The Hungarian government may revoke the special status of 16 investments, including a hotel project by István Tiborcz, son-in-law of former Prime Minister Viktor Orbán. The projects affected are nearing completion, making the revocation more symbolic. Tiborcz's hotel, located at Eötvös Square, is a renovation of the former Atrium Hyatt, expected to open soon. The state supported this venture with a 59 billion HUF Eximbank loan.