Close to 7 million visitors stayed at tourism accommodations in Hungary over the summer, 8.6% more than last year’s record, the agency said.
In January-August, guest turnover rose close to 11% nationwide and climbed over 22% in the capital, it added.
Tourism accounts for over 12% of Hungary’s GDP and provides the livelihoods for around 400,000 families. The sector generates more than 10% of central budget revenue and accounted for around one-third of the EUR 2.9 billion surplus in the balance of trade of services in the second quarter.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
