Report: Fewer Hungarians plan holidays due to lack of money

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Fewer Hungarians are planning travel for their holidays due to limited disposable income, according to a survey by a Hungarian travel insurance company, a press release revealed today.

Genertel called 500 people on the phone to determine what type of insurance they pay for when they are out of country on holiday. Based on the respondentsā€™ answers, only 15% go abroad on holiday, with the most popular destination being Croatia, where 3% of respondents travel. The majority of those surveyed opt for Hungarian destinations while on holiday.


Some 12% of those who travel abroad do not apply for any type of travel insurance coverage, while of those who do, 30% choose insurance coverage based on price. Some 40% of those who travel abroad, however, ignore the cost and choose insurance coverage in the mid-price range.

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