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Hungary guest nights down 10.1% yr/yr in August

Guest nights at commercial accommodations in Hungary fell 10.1% year-on-year to 3,002,000 in August after declining 5.9% in July, the Central Statistics Office (KSH) said on Friday.

Guest nights spent by foreigners fell 8.7% to 1,390,000.

Guest nights spent by Hungarians fell 11.3% to 1,613,000.

Guest nights in January-August fell 2.1% from a year earlier, with foreign guest nights rising 1.2% and domestic guest nights dropping 5.1% in the period.

Hotels accounted for 1,949,000 of guest nights in August. The occupancy rate at hotels during the month was 60.4%.

Total gross revenue of public accommodations came to HUF 27.73bn in August, down 8.0% from the same month a year earlier after falling 3.8% yr/yr in the previous month.