Hotel occupancy rates fall to 60.8% in January-September
Occupancy at Hungary's selected three to five star hotels averaged 60.8% in January-September, 1.3 percentage point less than in the same period a year earlier, the Central Statistics Office (KSH) said on Monday.
The net average room rate was Ft 14,989 (€54.7) during the period. Gross revenue per available room (RevPAR) was Ft 10,538, up 11.8% year on year, and net RevPAR was Ft 9,117 in January-September 2006. Occupancy rates were the highest at four- and five-star hotels in Budapest, 69.6% and 71.4%, respectively, and lowest at four-and five-star hotels in the east of the country (45.1%) and west Hungary (50.2%).
KSH compiled the figures based on a survey of all four- and five-star hotels and a selection of three-star hotels.
ADVERTISEMENT
SMEs Augur Higher Sales, Profit Next Year
Hungary Open to New Double Taxation Avoidance Treaty With U....
Hungarian-born Physicist Ferenc Krausz Shares Nobel Prize
Summer Tourism Season Breaks Pre-COVIDÂ Record
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.
