The strong performance of the tourism industry in Hungary did not peak at the end of the summer season; there continues to be a higher number of guests registered on a year-on-year basis, with an especially strong growth in domestic tourists, according to a press release from the Hungarian Tourism Agency (MTÜ).
Based on the first three quarters of the year, the agency expects 2018 to be a great year, with the number of guests and guest nights both on the rise. Accommodation units are posting strong gains in revenue as well.
During the first nine months of 2018, the total number of guests grew by 5.2%, with the number of guest nights spent in Hungary increasing by 3.9%. Accommodation revenues rose by 9.4%.
This September, guest turnover increased in all tourism regions, with Lake Balaton registering growth of more than 10% in guest nights. According to the MTÜ, it is now worthwhile for establishments to stay open for longer throughout the year, due to the growth in numbers and the decrease in seasonality.
In September, some 7.7% more domestic guests spent 7.9% more guest nights in Hungarian accommodation than in the same period a year ago.
In the first nine months of 2018, the growth in guests from the United States and Romania was the most prevalent, with the number of Russian guest nights constantly rising for more than a year.