Tourism performs modestly in June

Tourism

In June 2018, the number of nights spent by international tourists decreased by 1.0%, while nights spent by domestic tourists increased by 0.2% compared to a year earlier, the Central Statistical Office (KSH) reported Thursday. Bad weather contributed to the low figures, as well as the absence of a long weekend in June.

Commercial accommodation establishments saw an overall 0.4% decrease in tourism nights in June 2018, the KSH data show.

In June 2018, compared to the same month of the previous year, the number of international tourist arrivals grew by 2.7% to more than 558,000. Tourism nights spent by foreign citizens decreased by 1.0% to 1.41 million. In hotels, accounting for 82% of tourism nights, the rate of growth was 0.1%. The number of foreign tourism nights rose in the tourism regions of Budapest-Central Danube, Central Transdanubia and Lake Tisza, and fell in others.

The number of domestic tourist arrivals increased by 0.5% and that of domestic tourism nights grew by 0.2% to more than 1.53 million.

Accommodation establishments registered 6.0% fewer domestic tourism nights at Lake Balaton, and the share of tourism nights spent at Lake Balaton within total domestic turnover thus fell from 30% to 28%.

Room occupancy in hotels in June increased by 0.9 of a percentage point year-on-year to 64.8%.

The total gross revenues of accommodation establishments increased by 6.7% to HUF 47 billion; within this, accommodation fee revenues increased by 5.0% (to HUF 28 bln), and catering revenues by 30% (to HUF 11 bln), while other revenues fell by 11% (to HUF 8 bln) at current prices. The amount of accommodation fee revenues from foreign visitors increased by 5.5%, while revenues from domestic visitors rose by 4.1%.

In January–June 2018, compared to the first half of 2017, the number of tourism nights spent in commercial accommodation in Hungary grew by 5.3% to a total of nearly 13 million. Foreign guests spent 4.0% more (nearly 6.7 mln) and domestic guests 6.8% more (almost 6.3 mln) nights in accommodation establishments. Room occupancy in hotels increased by 2.4 percentage points to 57.2%.

Total gross sales of accommodation establishments grew by 10.4% at current prices to HUF 218 bln in January-June. Within this, accommodation revenues increased by 9.0% to nearly HUF 125 bln.

On June 30, 2018, compared to the same date of the previous year, the number of accommodation establishments was 3,321, with a total of 91,500 available rooms, practically unchanged.

Data for turnover at commercial accommodation establishments in July 2018 will be published by the KSH on September 11.

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.