Tourism nights up 11% y.o.y. in August

Tourism

In August 2021, guests spent some 11% more tourism nights in commercial accommodation establishments than in August 2020, according to data by the Central Statistical Office (KSH).

Some 914,000 domestic guests (down 1.8% y.o.y.) spent 2.6 million tourism nights (up 1.9%). Some 59% of nights were spent in hotels, almost the same as a year earlier. Boarding houses recorded 3.6%, bungalow complexes 11.3% and camping sites 5.3% fewer tourism nights than in August last year. The resumption of camps boosted turnover in community hostels by two-thirds. Lake Balaton was the most popular tourist region, accounting for more than a third of domestic tourism nights.

Domestic guests accounted for 74% of all tourism nights.

About 339,000 international visitors (up 61% compared to August 2020) spent 936,000 tourism nights (up 50%) in accommodation establishments. Hotels accounted for 63% of guests, with the number of nights spent in hotels up 60% compared to August 2020. Budapest recorded the highest (more than double) increase.

In August 2021, 2,758 commercial accommodation establishments, including 880 hotels and 1,049 boarding houses, were open for part or all of the month.

Cardholders used their Széchenyi Holiday Cards at commercial accommodation establishments to pay 1.6% less, totaling HUF 8 billion.

Tourism nights down 17% y.o.y. in January-August 2021

In January–August 2021, commercial accommodation establishments recorded 17% fewer nights, totaling 9.2 million compared to the same period of 2020. Domestic guests spent 8.7% and foreign ones 37% fewer tourism nights (7.1 and 2.1 million respectively) in commercial accommodation establishments.

Total gross revenue in the first eight months of the year decreased by 15% at current prices to HUF 159 billion for commercial accommodation establishments.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.