Picolo recommends · Hotel in Budapest, Hungary
Matild Palace, a Luxury Collection Hotel
A restored palace at the foot of Elisabeth Bridge, with a café downstairs back in its old finery and Gellért Hill across the water.
Downstairs, the café has been brought back to the kind of grandeur Budapest is famous for, and it is worth a coffee even if you are not staying. Upstairs, rooms lean into rich colour, polished brass and marble rather than pale minimalism.
The location puts you where Váci utca, the long pedestrian street, begins and where Elisabeth Bridge crosses to Buda. From the higher floors the view runs over the Danube to Gellért Hill, and the riverside promenade is a minute from the door.

Picolo’s verdict
Why we chose Matild Palace, a Luxury Collection Hotel
We picked Matild Palace for couples who want a big-city hotel with some glamour and life around it. It feels more lively than the classic grand hotels, with shopping, the river and the inner city right outside.
Ferenciek tere is a busy junction with steady traffic. Light sleepers should ask for a room on a high floor or facing the courtyard, and anyone seeking a quiet, secluded stay may prefer the Buda side.
What you get
- Thoroughly restored palace building
- Historic café on the ground floor
- Upper rooms looking towards Gellért Hill
- Rooms in deep colours, brass and marble
- Danube promenade a minute away
A day at Matild Palace, a Luxury Collection Hotel
- Morning
- Coffee and pastry in the café downstairs.
- Midday
- A slow walk along Váci utca before the shops fill up.
- Afternoon
- Across Elisabeth Bridge and up Gellért Hill for the view.
- Evening
- Dinner in Belváros, then back along the river.
Location
Ferenciek tere, Belváros (District V), Budapest, Hungary
Open in MapsQuestions about Matild Palace, a Luxury Collection Hotel
Where is Matild Palace in Budapest?
On Ferenciek tere in the inner city, where Elisabeth Bridge lands on the Pest side and Váci utca begins.
Is Matild Palace noisy?
The square outside is a traffic hub. Rooms high up or towards the courtyard are the quieter choice.
Who is Matild Palace best suited to?
Couples and city lovers who want style, a grand café and the river and shops close by.
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Updated 6 Nov 2026All articles
How Picolo chooses
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