Hungary guest nights down 10.1% yr/yr in August
Guest nights at commercial accommodations in Hungary fell 10.1% year-on-year to 3,002,000 in August after declining 5.9% in July, the Central Statistics Office (KSH) said on Friday.
Guest nights spent by foreigners fell 8.7% to 1,390,000.
Guest nights spent by Hungarians fell 11.3% to 1,613,000.
Guest nights in January-August fell 2.1% from a year earlier, with foreign guest nights rising 1.2% and domestic guest nights dropping 5.1% in the period.
Hotels accounted for 1,949,000 of guest nights in August. The occupancy rate at hotels during the month was 60.4%.
Total gross revenue of public accommodations came to HUF 27.73bn in August, down 8.0% from the same month a year earlier after falling 3.8% yr/yr in the previous month.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.