The Kempinski Hotel Corvinus Budapest, the first Hungarian member of "The Leading Hotels of the World" group, opened in 1992 and features 335 completely renovated guest rooms and 30 suites. Their five-star deluxe hotel is situated in the heart of the city in the pedestrian zone, just off Elizabeth Park (Erzsebet ter). The location of the Kempinski Hotel is within steps from the exclusive shopping boulevard Vaci utca, the Danube River, historic landmarks and the theater district.