This area is part of the inner residential ring in the neighbourhood of National Museum - the reinvigorated Palace Quarter - gives home to cafes and boutique hotels, much valued for their unique ambience by young people and artists. Throughout the year Krudy street hosts events like the Palace Picnics as well as wine and artisan beer festivals. From June to September the Palotanegyed festival is held with thematic weekends at 15 locations and 150 free-of-charge programmes. Concerts, all-day children's programmes, theater and puppetry performances, dance shows, a craft fair and a beer and culinary music promenade ensures great entertainment for young and old alike. The three-month long festival offers an excellent opportunity to experience the rebirth of this one-of-a-kind District.