Hungary ranks second on global list of cheap holiday resorts

In Hungary

Hungary was ranked second on the global list of holiday resorts with the best price-value ratios, trailing only Thailand, business daily Világgazdaság wrote on Monday.

Hungary has advanced eight places since last year, overtaking its old regional rival, the Czech Republic according to the Country Brand Index (CBI) 2007, compiled by the FutureBrand and Weber Shandwik marketing companies annually, Világgazdaság said. Taking the country’s marketing and suitability for attracting foreign tourists to Hungary into consideration, Hungarian experts appreciated this qualification.

Tourism service providers were less happy, for the index reflected a decline in their profitability. According to this year’s CBI, Australia once again earned the spot as the world’s top country brand, with the United States ranking second and the United Kingdom ascending to third. Other countries making the top 10 included Japan, Canada, France and Greece.

The CBI also identified Croatia, China and the United Arab Emirates (UAE) as the top three „rising stars”. This year’s index included rankings and trends as well as travel motivations, challenges and opportunities within the worlds of travel, tourism and country branding. (Világgazdaság)


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.