Majority of Hungarians planning summer vacations

Food

As many as two-thirds of Hungarians surveyed said they will take a summer vacation this year, up from 48% a year ago, according to a survey conducted by Budapest Bank, Hungarian News Agency MTI reported today.

Average households will spend the same budget as last year for travel – approximately HUF 150,000 in total or HUF 8,000 per person per night. 

Approximately 88% of respondents said they would use cash to pay for travel expenses, while 54% said they would pay with credit and debit cards, 27% with vouchers, and 18% through online transactions.

About 21% of respondents said they would be traveling abroad, and slightly less than two thirds will remain in Hungary. Of the respondents, 40% intend to visit Lake Balaton, up from last yearʼs 34%.

Approximately 83% of Hungarians traveling outside of the country will use foreign currency exchanged within Hungary while abroad.

Slightly more than half of Hungarian travelers will depart in July and August, and their trips will last an average of nine days.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Gov't Wants Sustainable Business Model for Magyar Posta Government

Gov't Wants Sustainable Business Model for Magyar Posta

120,000 Guest Workers Employed in Hungary HR

120,000 Guest Workers Employed in Hungary

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.