Guest nights down 3.5% yr/yr in January-October
Hungarian and foreign tourists spent 17.025 million guest nights at commercial lodgings in Hungary in the first ten months of 2006, 3.5% fewer than in the same period a year earlier, the Central Statistics Office (KSH) reported today.
The number of foreign guest nights fell 8.7% from a year earlier to 8.904 million while domestic guest nights rose 2.8% to 8.121 million in January-October 2006. Guest nights at hotels fell 1.3% year-on-year to 11.744 million in the first ten months, of which foreign guest nights fell 7.9% to 6.931 million while guest nights spent by Hungarians in hotels rose a sharp 10.2% to 4.813 million. The average occupancy rate of hotels in January-October was 49.7%, unchanged from the same period a year earlier.
Gross revenue of commercial lodgings was Ft 197.64 billion (€769.327 million) in January-October, a 5.5% increase at current prices from the same period a year earlier. Room fees accounted for 58% of total revenue during the period, catering accounted for 23.3% and other services for the rest. Room fees and prices for catering rose 4.7% year-on-year, including a 6.0% rise in room rates and a 4.7% rise in the price of catering services, KSH said. (Mti-Eco)
ADVERTISEMENT
Minister Asks Banks to Introduce Voluntary Rate Caps
Hungary, Poland Diverging in Views of Russia
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.
