The Janits brothers then took over the hotel and ran it until it was nationalized. After nationalization it became the Kossuth Hotel, which was renamed Avas Hotel in 1953.
The layout of the ground floor of the hotel was changed in 1955-1956, there was a bistro, a nightclub (the "Red"), a grill restaurant, and the White Room acquired the function of a simple restaurant and cafe so-called In "Fapados" they even provided public Catering. Film screenings and later light theater performances also took place in the garden hall, but the palm trees and fountains have disappeared.
The hotel was closed on December 14, 1987. Then, during the years of privatization, many tenants changed among themselves. The condition of the building continued to deteriorate, but in 1998 it became the property of Multicasa Consulting Kft., based in Budapest and with Italian participation. The company committed to completely renovating the building by the end of 1999.