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The 4-star Hotel Astoria in the heart of Budapest , built on the site of the medieval town walls, is one of the most charming old-style hotels of  Hungary 's capital. As the slogan of the hotel goes, Astoria offers "Tradition and style..." with its last turn-of-the-century atmosphere. Hotel Astoria was opened in 1914, its name given by the owners and Mihály Gellér, the first General Manager of the hotel, who formerly worked for the world-famous Waldorf Astoria in New York, and was an acknowledged expert in hospitality at thet time. Due to the hotel's excellent services and ideal location in the heart of the historical city centre, within walking distance from the administrative, business and cultural districts and the famous shopping areas of Váci Street, the hotel is very popular among foreigners and citizens as well.