SH-Fejlesztő, a Hungarian financing company, is planning to open a new four-star hotel under the name Hotel Yacht Wellness and Business in Siófok. Located near Lake Balaton, the hotel will offer 205 rooms as well as a wide range of health tourism services. Costs hit HUF 1.7bn, HUF 1bn of which was covered by state and European Union grants. The hotel is set to open in January.