Hungary’s tourism sector grows further in May

Tourism

pixabay

The number of nights spent by international tourists increased by 6.9%, and that of nights spent by domestic tourists by 4.5% in May 2017 compared to the same month a year earlier, Hungary’s Central Statistical Office (KSH) said in a first release of data today. 

International guest turnover grew by 7.6% and domestic guest turnover by 5.5% measured in tourism nights and adjusted for calendar effects, according to KSH data, while gross revenues grew by 17% at current prices in accommodation establishments.

In May, the number of international tourist arrivals grew by 4.5% and that of international tourism nights by 6.9% to 1.3 million. The number of domestic tourist arrivals increased by 6.6% and that of domestic tourism nights by 4.5%, approaching 1.1 million, KSH data show.

Room occupancy in hotels increased by 4.0 percentage points to 60.5% in May. The total gross revenue of accommodation establishments increased by 17% to HUF 41 billion, the KSH reported for the month. Within this, accommodation fee revenues increased by 18% (to HUF 25 billion), catering revenues by 16% (to HUF 8 billion), and other revenues by 14% (to HUF 8 billion).

As of May 31, Hungary had a total of 3,016 accommodation establishments, one third of these being hotels and another third guesthouses. The number of available beds was nearly 283,000, which was 2.9% less than in the previous year.

In January-May period

In the January-May period, accommodation establishments registered 10% more, i.e. a total of 9.3 million tourism nights, as compared to the first five months of the preceding year. International guests spent 12% more (5 million) and domestic guests 8.2% more (4.3 million) tourism nights in accommodation establishments, the KSH added.

In the first five months of the year, room occupancy in hotels increased by 4.4 percentage points to 53.2%, while accommodation establishments achieved gross revenues of HUF 153 billion, i.e. a total of 16% more at current prices.

ADVERTISEMENT

MNB Sees Broadening Disinflationary Impact Till Year-end MNB

MNB Sees Broadening Disinflationary Impact Till Year-end

V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate' Int’l Relations

V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate'

BYD Announces 1st Dealers in Hungary Automotive

BYD Announces 1st Dealers in Hungary

'Creating CEElicon' Valley in Focus of HVCA Investment Confe... Conferences

'Creating CEElicon' Valley in Focus of HVCA Investment Confe...

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.