Open your own hotspot restaurant on Budapest’s Danube Promenade

Have you ever dreamed of opening your own restaurant, but lack the space or funding to make it happen? Well, thanks to the Budapest Marriott Hotel, one lucky entrepreneur will open the eatery of their dreams in a vacant downtown space with a riverfront terrace. The Budapest Marriott Hotel announced a call for tenders in which the applicant with the best food-and-beverage concept will get the opportunity of a lifetime: they can open a restaurant or bar on the Danube Promenade without having to invest their own money, thanks to a 40,000 USD financial contribution from hotel management.

The Budapest Marriott Hotel launched a call for tenders on May 28th to fill one of the vacant spaces in their massive five-star hospitality palace on the waterfront, with the goal of establishing a cool new hangout on the Danube Promenade in downtown Pest that has minimal involvement with hotel operations. Marriott’s CANVAS concept lab expects submissions by people with experience in the food-and-beverage industry who have so far been unable to open their own place, giving them the opportunity to create a fresh establishment with individual personality. The CANVAS incubation model focuses on exceptional experiences and the minds behind them – the hotel will help the lucky candidate by providing a 110-square-meter space with financial support and the international hotel chain’s logistical expertise.

Applicants (individuals or

teams) have until June 17th

to complete and submit their detailed concept, including a business plan, a

menu, and design ideas, via the CANVAS site. The management of the

Budapest

Marriott Hotel

will choose five

submissions based on concept originality, business potential, and viability, and the five

finalists will then

be judged by a jury of local food-and-beverage specialists and the hotel’s top executive. The selected entrepreneurs must be available for a cook-off competition

on June

23rd or 24th, in front of hotel general manager Rick Enders, celebrity Hungarian foodies

Zsófia Mautner and András Jókuti, and the head chef of Bock Bistro, Lajos Bíró. During

these two days, the finalists will present their concept and cook one of the dishes of the restaurant that they envision. The jury will evaluate the concept and the food on the spot, and announce a winner on June

25th.

By creating the infrastructure of the restaurant, the BudapestMarriottHotel has already started

preparing for the opening of the restaurant – which includes space on the Danube Promenade overlooking the
Pesti Vigádo

for terrace seating –

so it can

take just

three

weeks for the winning concept to become a functioning

restaurant or bar. The hotel will spend 30,000 USD on setting up the infrastructure and the fully equipped kitchen, and the winner will decide how to spend

the remaining 10,000 USD on the design and creation of the restaurant. The spot will open in the middle of July, and the winner will be the restaurant manager as an employee of Budapest Marriott Hotel, receiving a share of the profit as well. We wish all applicants good luck, and look forward to visiting the finished eatery this summer!