You can't get more centrally located than Le Meridien. It's next to the Deák tér metro stop, where three lines meet, and within easy walking distance of most major sights and enough cafés, bars, and restaurants to keep you well entertained. The building was constructed in 1914 as the headquarters for an Italian insurance company, and is widely considered to be one of Budapest's finest buildings. After being nearly destroyed during World War II, it was used as police headquarters during the Communist era. The elegant lobby is a symphony of baroque chandeliers, marble and parquet floors, and lush sofas. The rooms are equally lush and spacious, with high ceilings, thick carpeting, mahogany furniture, and Italian marble bathrooms. One third of the rooms have either a balcony or a terrace, and the ninth-floor rooms offer the best views of the Citadella and the castle across the Danube, and the Basilica on the Pest side. The restaurant, Le Bourbon, has a largely French menu; the lounge serves afternoon tea and drinks; and an elaborate breakfast buffet is available. There's also a good-sized health club and spa, with a variety of upscale services, including a eucalyptus-scented steam room.