Travel

Sights

Queen Mary’s bankruptcy casts ship, Long Beach tourism adrift

The Queen Mary luxury liner, which sank over the years from monarch of thesea to tourism tool, has become a...

Tourism

Erste buys out Ukraine Prestige Bank partners for $104 mln

Erste Bank AG of Austria, which makes more than half its profit in eastern Europe, bought out its partners in...

Tourism

Slovenia’s euro switch to boost investment, growth, Bajuk Says

Slovenia's adoption of the euro in 11 days will spur economic growth through 2008 as investments rise without the threat...

Tourism

Fluvius to expand river cargo fleet

Fluvius Hajózási és Szállítmányozási, the largest Hungarian-owned international river-freight company, will increase the size of its fleet of self-propelled cargo...

Tourism

Real wages up 4.3% yr/yr in January-October

Real wages in Hungary rose 4.3% yr/yr in January-October 2006, based on an 7.8% increase in net monthly wages from...

Tourism

Black Sea tanker rates may extend gains on fuel demand, delays

The cost of shipping 1 million-barrels of crude oil from Black Sea ports, which almost doubled last week, may extend...

Tourism

European Bank buys 20% stake in Russia’s first budget airline

The European Bank for Reconstruction and Development bought 20% of Sky Express, Russia's first budget airline, to help boost competition...

Sights

Researchers predict higher GDP growth for 2007

Several economic research institutes predicted that Hungary's GDP will grow by 2.4-3% in 2007, higher than the finance ministry's 2.2%...

Tourism

Ecostat Tourism Barometer slips in H2

Ecostat's Tourism Barometer, a measure of sentiment in Hungary's tourism industry, fell 1.4 percentage points to 36.4% in the second...

Sights

Parliament approves amendments to 2006 Budget Act

Parliament approved on Monday amendments to the 2006 Budget Act which raise the cash flow-based expenditure target Ft 348.2 bln...

Tourism

Arctic sea ice “faces rapid melt”

The Arctic may be close to a tipping point that sees all-year-round ice disappear very rapidly in the next few...

Sights

Swiss rate decision in focus this week, Hungary macro calendar almost empty

Two rate decisions will be in focus this week in Hungary, especially the one in Switzerland....

Tourism

Guest nights down 3.5% yr/yr in January-October

Hungarian and foreign tourists spent 17.025 million guest nights at commercial lodgings in Hungary in the first ten months of...

Hotels

Hotel occupancy rates falls to 60.5% in January-November

Occupancy at Hungary's selected three-to-five star hotels averaged 60.5% in January-November, 1.4 percentage point less than in the same period...

Tourism

Gov’t to drastically reduce financing for public transportation

The government aims to reduce state spending on passenger rail service and other forms of public transportation from a projected...

Hotels

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...

Travel

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...

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,...

Tourism

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...

Hotels

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

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,...

Hotels

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...

Tourism

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%....

Hotels

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...

Tourism

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...

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

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%...

Tourism

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...

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...