Gov’t not planning to change commercial accommodation rules

Sights

Hungaryʼs government is not planning any changes to the regulations or taxation of commercial accommodations, the National Economy Ministry said on Wednesday, in response to a query by Hungarian news agency MTI.

The ministry added, however, that if tax authorities uncover regulatory shortfalls or tax loopholes during audits, it will take the necessary steps to investigate the matter.

The number of Hungarian homes listed on vacation rental site Airbnb has reached 8,000, and demand for small apartments that can be rented out to travelers in the center of Budapest has grown substantially, according to reports.

ADVERTISEMENT

Job ads in hospitality, tourism sector grow drastically  Analysis

Job ads in hospitality, tourism sector grow drastically 

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

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.