ADVERTISEMENT

Foreign Tourists Spend 35% More in Q4

Tourism

Photo by Jane Biriukova / Shutterstock.com

Foreign tourists' spending in Hungary increased 35% year-on-year to HUF 732 bln in the fourth quarter of last year in current prices, according to a summary of data published by the Central Statistical Office (KSH).

Austrian visitors spent the most, at HUF 124 bln, up around 50% from a year earlier. German tourists spent HUF 96 bln, up around 75%.

In the full year 2023, foreign tourists spent HUF 3.137 tln in Hungary in current prices, 36% more than a year earlier.

Foreigners spent HUF 27,500 a day on average, up 28% from the previous year.

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln Banking

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln

Hungary Welcomes Extension of China's Visa Exemption Policy Int’l Relations

Hungary Welcomes Extension of China's Visa Exemption Policy

Living's Kassák Terrace and Park West 3 Classified as Brownf... Residential

Living's Kassák Terrace and Park West 3 Classified as Brownf...

Aldi Opening Biggest Store in Budapest Food

Aldi Opening Biggest Store in Budapest

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.