Hungary guest nights up 1.6% in August

Tourism

Image by Pixabay

Guest nights at commercial accommodations in Hungary rose 1.6% year-on-year to 4,634,000 in August, the Central Statistical Office (KSH) said on Friday, state news wire MTI reports.

Image: Pixabay

The number of guest nights spent by foreigners were up by 2.3% at 2,089,000 and the number of guest nights spent by domestic travellers increased 1.0% to 2,545,000.

Revenue of commercial accommodations climbed 8.7% to HUF 69 billion during the period.

Total revenue per available room (TREVPAR) at hotels rose 9.0% to HUF 30,019, while room rates rose also 9.0% to HUF 24,844. The occupancy rate at hotels edged up 0.8 percentage point to 76.5%.

Hungarians used SZÉP recreational voucher cards to pay for HUF 5.5 bln of products and services at commercial accommodations, up 65%.

For the period January-August, guest nights were down 0.1% compared to the same period a year earlier at 22,083,000.

Guest nights spent by Hungarians edged down 0.1% to 11,388,000 and guest nights spent by foreign visitors were down by also 0.1% at 10,695,000.

Revenue of commercial accommodations rose 8.1% to HUF 368 bln. The occupancy rate at hotels was unchanged at 61.8%.

ADVERTISEMENT

Climate change hurts economy, but creates new business oppor... Analysis

Climate change hurts economy, but creates new business oppor...

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Dentons rehires banking and finance partner Appointments

Dentons rehires banking and finance partner

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.