Budapest’s historic baths to be beautifully renovated
Budapest’s world-famous thermal baths are entering a transformative period, marked by record financial results, ambitious renovation projects, and a renewed focus on both local and international guests.
The city’s spa operator, Budapest Gyógyfürdői Plc. (BGYH), reported unprecedented net revenue of HUF 26.3 billion (EUR 64.2 million) in 2024, up from HUF 23 billion (EUR 56.1 million) in 2023, with after-tax profits rising to HUF 6.2 billion (EUR 15.1 million). This success is attributed to a business strategy launched in 2020, which included aligning prices with international standards while maintaining significant discounts for Hungarian residents.
Major renovations and upgrades
The next few years will see extensive renovations across Budapest’s iconic baths. The Széchenyi Thermal Bath, a historic landmark since 1913, is undergoing a three-year, HUF 4.5 billion (EUR 11 million) renovation project.
Upgrades include modernising water systems, electrical networks, and heritage features, all while keeping the bath open through careful scheduling and partial closures. The latest phase, launched in March 2025, focuses on the 50-meter swimming pool and will be followed by further improvements to entrance areas and technical infrastructure.
Gellért Bath, another jewel of Budapest, is preparing for a long-awaited restoration. With a budget of at least HUF 20 billion (EUR 48.8 million), the project is set to begin at the end of 2026. The renovation will address decades of wear and aims to preserve the bath’s unique architectural heritage, even as it continues to welcome visitors during the works.
The Rác and Dandár baths are also slated for significant upgrades, with the Rác Bath’s reconstruction finally moving forward after years of closure. The Dandár Bath will see improvements to its indoor pool insulation and tiling.
New pricing, passes, and discounts
As we reported before, to support these investments, BGYH has adjusted ticket prices, with a 5% average increase in January 2025. Further price corrections, particularly for foreign visitors at popular baths like Széchenyi, Gellért, Lukács, and Rudas, are planned for mid-year.
However, Budapest residents and students benefit from expanded discounts, including a 50% reduction for students with a city transport pass and new morning and late-entry ticket options. Pensioners can also enjoy half-price tickets on weekday mornings.
The Zsigmondy Club Card, offering a 60% discount at major baths, remains popular and will soon be available online for easier access and renewal. The pass system, recently updated, continues to provide cost-effective options for frequent visitors.
Looking ahead: what’s in store for Budapest baths?
Despite a slight dip in projected visitor numbers for 2025—around 4 million, due to ongoing renovations—Budapest’s baths are expected to maintain their status as premier wellness destinations. The city is also expanding health programmes for locals, with enhanced therapeutic services at Széchenyi and Lukács baths and new discounted passes to encourage preventive care.
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