Hungary guest nights rise 5.3% in year to Feb

Tourism

The number of guest nights at commercial accommodations in Hungary rose 5.3% to 931,000 in February from the same month a year earlier, the Central Statistics Office (KSH) said on Wednesday.

The rise slowed after a 10.3% increase in January.

The number of guest nights spent by foreign guests rose 12.2% in twelve months to 451,000 in February. The number spend by domestic guests slipped 0.4% to 480,000.

The number of guest nights at hotels rose 6.8% to 820,000 during the period.

Germans spent nearly 75,900 guest nights at commercial accommodations in Hungary in February, more than any other nationality. Austrians followed, with 55,245 guest nights. Guests from the United Kingdom followed, with 29,295 guest nights.

January-February guest nights increased 7.8% yr/yr to 1.894 million with foreign guest nights rising 15.8% to 954,000 and domestic guest nights rising just 0.8% from a year earlier to 941,000.

Commercial accommodations generated gross revenue of HUF 13.95 billion in February, up 4.1% from the same month a year earlier, and January-February revenue, at HUF 28.88 billion, was up 9.3%.

Of total revenue, revenue from accommodation came to HUF 6.90 billion in February alone and was HUF 14.50 billion in the first two months. Revenue from catering reached HUF 3.71 billion in February and HUF 7.47 billion in January-February.

Gross revenue of hotels increased 3.6% to HUF 12.94 billion in February. Thanks to the 15.9% rise in January, two-month revenue of hotels was up 9.6% at HUF 26.76 billion.

Occupancy rate at hotels was 34.4%, slightly up from 33.1% in January.

The gross average room rate at hotels was HUF 13,118 in February.

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1 Figures

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Job Fair and Career Prep at Corvinus Starts Tomorrow HR

Job Fair and Career Prep at Corvinus Starts Tomorrow

Spago Budapest Offering Unique Sunday Brunch Experience Food

Spago Budapest Offering Unique Sunday Brunch Experience

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.