Tourism nights down 90% y.o.y. in February

Tourism

As a result of border crossing restrictions and coronavirus-related protection measures, tourists spent 90% fewer nights at commercial accommodation establishments in Hungary in February 2021 compared to the same period of 2020, according to data by the Central Statistical Office (KSH).

In February 2021, 42,000 domestic guests (90% decrease y.o.y.) spent 123,000 tourism nights (86% decrease). Some 61% of nights were spent in hotels, an 89% decline. The turnover in boarding houses and community hostels was about one third (36% and 33% respectively) of the turnover in February of the previous year. The Balaton tourism region saw the largest decline.

Compared to February 2020, the number of foreign arrivals and tourism nights fell by 95% and 94% respectively, with 19,000 guests spending 58,000 tourism nights in accommodation establishments. Most guests stayed in hotels, however, the number of nights spent there decreased to 5.9% compared to February 2020. Budapest and the Balaton tourist region recorded the largest declines (99% and 96%, respectively).

Total gross sales revenues were down by 90% y.o.y. (to HUF 3.5 billion) at current prices.

In February 2021, 1,210 commercial accommodation establishments, including 473 hotels and 538 boarding houses were open for part or all of the month.

In the first two months of 2021, commercial accommodation establishments registered 90% fewer tourism nights than in January-February 2020. Domestic guests spent 86% and foreign guests 94% fewer tourism nights (238,000 and 117,000, respectively) in commercial accommodation establishments. Total gross sales revenues of commercial accommodation establishments decreased by 90% at current prices and amounted to HUF 6.7 billion.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

Cordia’s Marina City Project Begins Residential

Cordia’s Marina City Project Begins

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

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.