Americans go outside the zone

In Hungary

As the rate of USD is losing against the EURO, American tourists begin to opt for European countries outside the Euro-zone as their destinations.

Warsaw and Budapest might actually overcome Berlin or Paris in popularity, states global news network AFP. East-European reservations have rocketed (by 55%) this year, because Americans want more for their money, said Mike Pina, spokesman of AAA Travel, one of America’s largest travel agencies. The number of travelers to Hungary grew by 76 %, to Croatia by 69%, to Poland by 10%. The number of journeys to Romania grew by 700 %. In the Euro-zone, Italy and France saw 13 % more American tourists each, England 2.5% more and Scotland 4.6% more. Also, American tourists now seem to long for unusual adventures, said Sandy Hughes, deputy chairwoman of AAA Travel. The number of US travelers to Europe grew 1% and, parallel with the EURO gaining force against the dollar, the traditional West-European destinations lost 2.4%, as shown by the data of America’s Ministry of Trade. (Gazdasági Rádió)


Consumer price levels below EU avg in 2020 Analysis

Consumer price levels below EU avg in 2020

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Breast cancer screening at Dr. Rose Private Hospital Interview

Breast cancer screening at Dr. Rose Private Hospital

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors


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.