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Hungary guest nights drop 8.7%

Guest nights spent at commercial accommodations by Hungarian and foreign tourists fell 8.7% to 13.289 million in January-August 2009 compared to the same period last year, the Central Statistics Office (KSH) said on Monday. In January-July, 9.9% less nights were spent.

Nights spent by Hungarian tourists fell by 6.0% and those by foreign guests decreased by 11.4%.

Guest nights in August fell 4.5 % to m from a year earlier, after decreasing by 8.0% in July according to revisions published on Monday. The drop was 5.7% in June, decelerating from May, when guest nights decreased 14.1% yr/yr. The worst month of this year was March when guest nights were 19.4% less than a year earlier.

Gross revenue from accommodation and related services dropped 8.7% yr/yr to HUF 151.588bn in January-August, after falling 9.7% in January-July. Revenue from accommodations, excluding catering, amounted to HUF 88,761bn in January-August, down 7.4% yr/yr, after a drop of 8.5% in January-July. (MTI-ECONEWS)