Hotel occupancy rate up at 55.9% in November

Tourism

The number of guests staying in Hungarian hotels rose 3.3% in November year-on-year, while the average occupancy rate was 55.9%, said the Central Statistics Office (KSH) on Thursday. In October, the average occupancy rate was 65%. In January-November guests spent 5.7 % more nights in hotels year-on-year, while average occupancy was 61.9%. The gross average room rate was Ft 14,167 (€55.8) in November, up from Ft 13,249 a year earlier. Gross revenue per available room (RevPAR) was Ft 7,915 in November, 8% more than a year earlier. In January-November, the gross average room rate was Ft 15,203 and RevPAR was Ft 9,405.
Bamosz Investment Fund NAV Reaches HUF 15.624 tln in March Analysis

Bamosz Investment Fund NAV Reaches HUF 15.624 tln in March

Hungary Condemns Iranian Attack on Israel Int’l Relations

Hungary Condemns Iranian Attack on Israel

Share of 1st Time Home Buyers Climbs Residential

Share of 1st Time Home Buyers Climbs

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D... Hotels

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...

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