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Guest nights up 2%, hotel revenues up 7% in February

In February 2019, the number of nights spent in Hungary by international tourists grew by 3.3% to 803,000, while nights spent by domestic tourists rose 0.6% to 789,000 compared to the same month of the previous year, according to the latest figures released by the Central Statistical Office (KSH). 

Overall guest nights spent in commercial accommodation increased 2% year-on-year to 1,592,000 during the month.

Total gross revenues of commercial accommodation establishments grew by 7% to HUF 28 billion at current prices in February; within this, accommodation fee revenues increased by 5.7% (to HUF 14 bln).

At hotels, total revenue per available room (TREVPAR) increased 6.2% to HUF 16,681. The occupancy rate at hotels slipped 0.1 of a percentage point to 50.8% in February.

A breakdown of guest nights by region shows guest nights spent by domestic visitors at commercial accommodation around Lake Tisza (150 km northeast of Budapest) rose a marked 38% to 7,000 in February. However, guest nights spent by foreign tourists there dropped 4% to 4,000.

The capital accounted for about two-thirds of guest nights spent by foreigners, but just over one-tenth of those spent by domestic tourists, the KSH said.

In January-February 2019, compared to the first two months of 2018, commercial accommodation establishments registered 0.7% more guest nights, reaching a little over 3.1 million in total. International guests spent 1.1% and domestic guests 0.2% more tourism nights.

Room occupancy in hotels fell by 0.4 of a percentage point to 47.3% in January-February, while total gross sales revenue of commercial accommodation at current prices rose by 8.2% to HUF 57 bln.

"The dynamically developing and safe Hungary and Budapest are increasingly popular among international travelers," the Hungarian Tourism Agency (MTÜ) commented.

Data for commercial accommodation in March will be published on May 10.