KSH: Total guest nights up 7.5% in March
The number of guest nights at commercial accommodations in Hungary saw a year-on-year rise of 7.5%, to 1,478,000 in March, slowed from a 10.2% increase in the previous month, the Central Statistics Office (KSH) reported today.
KSH data suggest that foreign guests spent 797,000 nights in accommodation establishments – their number of arrivals and tourism nights increased by 9.8% and 6.4% respectively. The number of international tourism nights rose in four and fell in five of the nine tourism regions.
Domestic guests spent 681,000 tourism nights in accommodation establishments, their number of arrivals and tourism nights increased by 8.0% and 8.8% respectively, KSH said. The guest turnover measured on the basis of domestic tourism nights increased in each of the nine tourism regions, at the highest rate in Northern Hungary and Western Transdanubia, both 14%. Room occupancy in hotels rose by an average of 1.8 percentage points to 45.7%.
The total gross revenue of accommodation establishments was HUF 22 billion, 8.2% higher than a year earlier. Within this, accommodation fee revenues rose by 9.4% to HUF 12 billion, catering sales grew by 7.1% to HUF 5.3 billion, other revenues - increasing by 6.8% - amounted to HUF 5.3 billion. Changes in foreign arrivals and revenues were also influenced by the foreign currency exchange rates. The monthly average exchange rate of the forint / euro was HUF 303, which equated to a strengthening of HUF 8 compared to a year ago.
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.