Hungary’s accommodation revenues up 11%
The gross revenues – calculated at current prices – of accommodation establishments in Hungary grew by 11% to HUF 23.9 billion in January, compared to the same month a year earlier, the Central Statistical Office (KSH) said today in a first reading of data. Room occupancy in hotels increased by 3.4 percentage points to 42.5%.
The total gross revenue of accommodation establishments increased by 11% to HUF 23.9 bln; within this accommodation fee revenues increased by 12% (to HUF 13.2 bln), other revenues by 10% (to HUF 5.6 bln) and catering revenues by 7.3% (to HUF 5.1 bln).
The number of international tourist arrivals grew by 16% and that of international tourism nights by 14%. The number of domestic guests grew by 3.8% and that of tourism nights spent by them by 5.6%.
Of the most important source countries, turnover measured in tourism nights significantly increased by between 8% and 21% in the case of Germany, the United Kingdom, Austria, Italy, Romania and Russia, according to KSH.
On January 31, 2017, compared to the same date of the previous year, the number of units operating in Hungary (2,400) had risen by 45, though the number of available bed-places (204,000) was nearly unchanged compared to the base period.
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.