Travel

Tourism

Hungary’s tourism revenue jumps 12.6% in 2006

Foreign visitors spent Ft 957.9 bln (€3.8 bln) in Hungary in 2006, while Hungarian tourists spent Ft 558 bln abroad,...

Sights

JPMorgan rates European travel operator stocks as „overweight”

Investors should buy stocks of European travel operators, which have positioned themselves to benefit from rising demand, JPMorgan Chase &...

Sights

ECB says new Frankfurt premises to be completed by end 2011

The European Central Bank said it expects its new premises in Frankfurt, which features a multi-sided double-skyscraper, to be completed...

Sights

EMI receives bid approach from Warner Music

Britain's EMI said on Tuesday it had received a bid approach from US rival Warner Music the latest twist in...

Sights

Simor’s nomination “a sign of Gyurcsány’s strength”

András Simor's nomination to head the National Bank of Hungary (MNB), announced by Prime Minister Ferenc Gyurcsány last Friday, is...

Tourism

Spain tops destination list for EU migrants

Spain’s transformation from an impoverished southern European backwater into one of Europe’s most vibrant economies is confirmed by an opinion...

Sights

AngloGold shares surge after report that Polyus may buy stake

Shares of AngloGold Ashanti Ltd., the world's second-biggest gold producer, surged after the Sunday Times yesterday reported that OAO Polyus...

Tourism

US donors pledge $50.5 bln to charity

US philanthropists had a „blockbuster” year in 2006, with the 60 most generous giving $50.5 bln (€38.5 bln), dwarfing the...

Sights

Colliers concludes biggest ever American real estate investment in the Balkans

Colliers yesterday concluded the final sales agreement for Business Park Sofia, the largest business park in the region which is...

Tourism

German inflation accelerated in January after tax increase

German inflation accelerated in January after the government raised a sales tax on goods ranging from clothes to furniture and...

Tourism

Polyus says it may have third-largest gold reserves

OAO Polyus, which mines a fifth of Russia's gold, will seek to prove this year that it holds the world's...

Tourism

Hungarian Railway Company picks CA-IB to advise cargo unit sale

Magyar Államvasutak Zrt, Hungary's state railway company and the country's biggest employer, has selected UniCredit SpA's CA-IB Zrt unit to...

Tourism

C.S. Cargo may sell shares to finance expansion plans

C.S. Cargo Holding NV, a provider of logistics services in the Czech Republic, Slovakia and Russia, may sell new and...

Tourism

European banks need cross-border mergers, says Amro’s Groenink

European banks remain fragmented and must seek cross-border mergers to prevent takeovers by US, Japanese and Chinese competitors, ABN Amro...

Tourism

Honda to recall 45,335 Civic hybrids worldwide

Honda Motor Co. said on Tuesday it would recall 45,335 Civic hybrid cars globally to fix a faulty voltage converter...

Hotels

Creating Value by Pairing Hotel Character with an International Brand

The Hotel Erzsébet has been renovated and relaunched as the Hotel Erzsébet City Center Budapest, a member of Radisson Individuals,...

Hotels

TRIBE Budapest Stadium Brings Business Events, Networking and Hospitality Under One Roof

Corporate events increasingly extend beyond the meeting room, combining formal business programs with networking, hospitality and opportunities for more informal...

Tourism

When the Wine Region Comes Alive: Unique Late-summer and Fall Experiences Await in Tállya

Tállya is not a place where time stands still; rather, it is a sanctuary where history, art, and gastronomy blend...

Business Events in a Historic Setting: Continental Hotel Budapest

From focused board meetings and training days to conferences, gala dinners and year-end celebrations, Continental Hotel Budapest offers a flexible...

Budapest Airport Winter Schedule Adds Marsa Alam and More Flights to Asia and Europe

Budapest Airport's 2026/27 winter schedule, which began on October 25, offers more than 185 destinations and approximately 10% more bookable...

Creating Value by Pairing Hotel Character with an International Brand

The Hotel Erzsébet has been renovated and relaunched as the Hotel Erzsébet City Center Budapest, a member of Radisson Individuals,...

Budapest Hotels Outperform Regional Rivals Despite Lower Guest Numbers

Budapest’s hotels delivered some of the strongest results in CEE, posting an 81.3% occupancy rate, and leading the region with...

Kissmiklos Marks Shift to Fine Art With ‘Lobbyism’ Exhibition at Hotel Clark

Hungarian artist kissmiklos is shifting his creative focus entirely to fine art, marking the transition with “Lobbyism,” an exhibition that...

Tourism Agency Consults 70 Industry Groups on Strategy Through 2036

The Hungarian Tourism Agency (MTÜ) is drawing on recommendations from 70 professional organizations to develop a sector strategy through 2036,...

Renewing the Spirit of Countryside Wellness Hospitality

More than a year after taking over Sárvár’s Spirit Hotel Thermal Spa, Zoltán Árvai is balancing the traditions of an...

Hungary Tourism Arrivals Fall 7.3% in August as Foreign Demand Drops

Tourist arrivals at Hungarian accommodation establishments fell 7.3% year-on-year to nearly 2.6 million in August, as international arrivals dropped 13%....

Hotel Clark Budapest Retains Michelin Key for Second Consecutive Year

Hotel Clark Budapest, the flagship hotel of Unione Hotel Management, has retained its Michelin Key, recognizing its approach to contemporary...

Twelve Hungarian Hotels Feature in 2026 Michelin Key Selection

Twelve Hungarian hotels have been included in the Michelin Guide’s 2026 Michelin Key selection, with Four Seasons Hotel Gresham Palace...

TRIBE Budapest Stadium Brings Business Events, Networking and Hospitality Under One Roof

Corporate events increasingly extend beyond the meeting room, combining formal business programs with networking, hospitality and opportunities for more informal...

Hungary Tourism Nights Edge Up in July as Arrivals Slip

Nearly 2.5 million guests spent 6.7 million tourism nights at accommodation establishments in Hungary in July, with arrivals down 0.4%...

Budapest Castle District to Hold Referendum on Airbnb Rentals

Budapest’s District I will hold a referendum on rules governing Airbnb rentals, allowing residents to decide on the future regulation...

When the Wine Region Comes Alive: Unique Late-summer and Fall Experiences Await in Tállya

Tállya is not a place where time stands still; rather, it is a sanctuary where history, art, and gastronomy blend...

Hungary’s Tourist Arrivals, Guest Nights Decline in June

Nearly 1.9 million guests spent 4.3 million tourism nights at accommodation establishments in Hungary in June, with arrivals falling 2.2%...