The use of taxi's is a common topic on this forum. And as you might have read, I am a major proponent of using City Taxi. I have for many years and will continue to do-so because I find them trustworthy, safe and flexible in terms of payment (I.e., cash or almost any credit card). And there are other solid companies as well (I.e. 6x6, Radio Taxi, etc.)
Today was a rainy day in Budapest and for the first time in 15ish years - City Taxi failed me, so I had to use a "Hotel Taxi". Many hotels use private firms or drivers that wait outside of the hotel. I was at the Hilton Castle today and took one of "their" taxis. My ride cost 3,700HuF. I've taken the ride many times with City where the fare is circa 2,200HuF. So, essentially I paid a 70% premium to City taxi. The driver was nice and drove safely - no issues.
But....as Budapest does not regulate taxi's paying a 70% premium should serve as a warning - or maybe a notice - for tourists coming in thinking they can flag a taxi from the curb or think that "all taxi's charge about the same." Well, they don't and today I learned it firsthand.
Note, I used City later in the day so all is once again in-line....