Tourist guest night numbers stagnate in first half

Tourism

Image by Tupungato/Shutterstock.com

Guest nights spent in commercial accommodation in Hungary rose 3.7% year-on-year to 3,067,000 in June, the Central Statistical Office (KSH) said on Friday. However, in January-June 2019, guest nights were up only 0.4% compared to H1 2018, at just over 13 million.

A busy café in downtown Budapest (photo: Tupungato/Shutterstock.com)

The number of guest nights spent by foreigners was up 3.7% at 1,465,000 in June, while the number of guest nights spent by domestic travelers rose 3.8% to 1,602,000.

Considering seasonal and calendar effects, the number of foreign tourist nights grew by 2.2%, while domestic tourists spent 1.2% more nights in commercial accommodation in June.

Revenues of commercial accommodation increased 13.3% to HUF 54 billion in June, within which accommodation fee revenues grew by 15% (to HUF 33 bln) at current prices. Total gross revenue per available room (TREVPAR) at hotels climbed 13.0% to HUF 25,912, while room rates rose 11.8% to HUF 23,803. The occupancy rate at hotels increased by 1.1 percentage points to 65.8%.

In the first half of 2019, guest nights spent by foreign visitors were up 0.8% at 6,722,000, while domestic tourists spent 6,308,ooo guest nights in commercial accommodation, up just 0.1%.

Revenues of commercial accommodation rose 8.9% to HUF 237 bln in H1 2019. The occupancy rate at hotels increased by just 0.1 of a percentage point to 57.2% in the period. TREVPAR at hotels climbed 8.7% to HUF 20,926.

Tourism and hotel data for July will be published by the KSH on September 11.

Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti... Figures

Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti...

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

2/3 of Hungarians Have Basic Expectation of Home Office HR

2/3 of Hungarians Have Basic Expectation of Home Office

Time Out Market to Open in Budapest Next Year Food

Time Out Market to Open in Budapest Next Year

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.