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Guest nights rise 3% yr/yr in Jan-Feb

Guest nights spent at commercial accommodations in Hungary rose 3% to 1.664 million in January - February from a year earlier, the Central Statistical Office (KSH) said.

Foreign guest nights rose 6% to 770,000 and domestic guest nights rose 1% to 894,000.

The number of guest nights fell 7.0% yr/yr in December 2009, when foreign guest nights fell 3.5% and domestic guest nights dropped 10.0%.

Hungary guest nights had been down year-on-year each month since November 2008.

Guest nights in 2009 dropped 8.4% on average from 2008 to 18.287m, including a 9.8% fall in foreign guest nights to 9.029m. Guest nights fell 1.5% in 2008.

In Jan-Feb this year, the number of guests at commercial accommodations rose 3% yr/yr, the same as guest nights did, to 687,000.

Foreign guests numbered 288,000 in Jan-Feb, 7% more than a year earlier. Their full-year number fell 9.7% in 2009 to 3.175m.

The number of guest nights spent at commercial accommodations around Lake Balaton fell 2% in January-February, while Budapest registered an 8% increase.

The average hotel occupancy rate was 32% in Jan-Feb after 30.4% in December and 39% in November. Five-star hotels had an average occupancy rate of 43% and four-star hotels registered 38% occupancy. Spa hotels achieved the highest occupancy rate at 47%, although this figure still remained 3 percentage points below its level one year earlier. The average rate for 2009 was 43.0%. The monthly rate dropped after reaching a 2009 peak at 58.3% in August 2009.

Gross revenue from accommodation rose 1% yr/yr to HUF 25 billion in Jan-Feb at current prices, while the consumer price index of accommodation services rose almost 2%. Gross revenue from accommodation fell 9.0% yr/yr on average last year to HUF 127.5 billion. In Jan-Feb, gross revenue from accommodation included HUF 12 billion from accommodation charges.

The gross average price of a hotel room was HUF 13,422 in Jan-Feb 2010, and the gross REVPAR (revenue per available room) was HUF 4,335. In terms of foreign guests, the fall in accommodation revenues was influenced by the strengthening of the forint against the euro, which reached 9% as an average of the first two months. (MTI – Econews)