Slow recovery ahead of Hungary's tourism industry
Hungary's tourism industry, which generates more than 13% of GDP, could restart in the summer, but will take at least 10 months to recover to pre-pandemic levels in the "best-case scenario", the head of the Hungarian Tourism Agency said in a video posted on his Facebook page on Monday, according to a report by state news wire MTI.
Zoltán Guller said a fundamental goal in the present situation is to ensure companies are ready to welcome back tourists when they do come back.
He added that government support for the tourism industry, which has been hard hit by the pandemic, adds up to HUF 800 billion.
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.