Hungarian baths’ revenues up 3% last year
The revenues of all baths and spas operating in Hungary rose by 3% last year and reached HUF 144 billion, Ákos Hegyi, the Secretary General of the Hungarian Baths Association, told state news agency MTI on Wednesday.
The revenues of association members rose above the average, increasing by 8% to HUF 52 bln in total. Some 550 baths operated in Hungary in 2016 with 8,000 employees.
Ticket sales for baths reached around 40 million in 2016, with services providing 7% of all revenues. Ticket prices were only slightly up compared to 2015 and are expected to be little changed this year as well, Hegyi added.
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.