The Ritz-Carlton Budapest, located a few steps from Elizabeth tér, was built more than a century ago as the Adria Palace, home to the lavish offices of an Italian insurance company and luxurious apartments. Today, the building is protected as a historical site. The interior is the perfect combination of classic elegance and 21st-century design, as illustrated in the 171 guest rooms and 29 suites. The hotel recently unveiled Ipanema Brazilian Grill, whose churrasco delights can be enjoyed on the pedestrianised showcase of Fashion Street alongside. The spa is a class above, with hot-stone massages and full-body exfoliations, beside a naturally lit indoor pool.