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Guest nights rise 2.0% yr/yr in Hungary in October

Guest nights spent at commercial accommodations in Hungary were up 2.0% in October 2010 at 1.48 million, the Central Statistical Office (KSH) reported.

The rise slowed down from a 6.2% increase, which followed three months of yr/yr decline.

Foreign guest nights rose 6.8% from a year earlier to 811,000 in October, and domestic guest nights fell 3.3% yr/yr to 670,000.

January-October guest nights were up 0.3% in one year at 16.86 million.

Foreign guest nights rose 1.3% to 8.38 million in the first ten months of 2010, while domestic guest nights were down 0.7% at 8.48 million.

The number of foreign guests at commercial accommodations was up 5.1% at 2.99 million in January-October of 2010, including a 9.3% twelve-month rise in October alone to 307,000. The number of domestic guests was down 2.4% at 3.38 million in January-October from a year earlier, and their number fell 4.7% in October to 304 million.

The average hotel occupancy rate was 46% in January-October and 48% in October alone.

Five-star hotels had an average occupancy rate of 61.3% in the first ten months of 2010, including 69.6% in October, while four-star hotels had an average occupancy rate of 51.8%, and 53.6% in October alone. The average occupancy rate at spa hotels was 58% in the first ten months.

Gross revenue from accommodation rose 3% to HUF 202 billion in January-October, including HUF 111 billion in accommodation charges. Ten-month revenue from accommodation fell 2.4% as revenue from foreign visitors rose 0.9% to HUF 69.2 billion and revenue from domestic guests fell 7.5% to HUF 41.9 billion. The 3% strengthening of the forint against the first ten months of last year had an impact on revenue from foreign visitors during the period.

The average rate for a hotel room was HUF 14,228 in the first ten months of the year, while the gross REVPAR (revenue available per room) was HUF 6,574 in the period. (MTI – Econews)