Spas in Budapest of these are still in use to this day. Budapest gained its reputation as a city of spas in the 1920s, following the first realization of the economic potential of the thermal waters in drawing in visitors. Indeed, in 1934 Budapest was officially ranked as a "City of Spas". Construction of the Király Baths started in 1565, and most of the present-day building dates from the Turkish period, including most notably the fine cupola-topped pool. The Rudas Baths are centrally placed – in the narrow strip of land between Gellért Hill and the River Danube – and also an outstanding
Budapest became the co-capital of the Austro-Hungarian Empire, a great power that dissolved in 1918, following World War I. The city was the focal point of the Hungarian Revolution of 1848, the Battle of Budapest in 1945, and the Hungarian Revolution of 1956. Budapest is an Alpha- global city with strengths in commerce, finance, media, art, fashion, research, technology, education, and entertainment. It is Hungary's financial centre and the highest ranked Central and Eastern European city on Innovation Cities Top 100 index, as well ranked as the second fastest-developing urban economy in Europe. Budapest is host to many major international organization's