Budapest overtook Vienna, Prague and Rome

According to napi.hu, in the first two months of the year, the number of domestic tourist nights was 10% larger, the number of foreign tourist nights was 7.6% larger than last year – Association of Hungarian Hotels and Restaurants told MTI.

According to the analysis based on the survey of market research company STR Global, the number of overnight stays in the Hungarian hotels increased by 8.8% nationwide, 10.8% in Budapest and decreased by 5.3% at the lake Balaton in the first two months of the year. The gross hotel room revenue was HUF 19.5 billion, 18.5 percent higher than a year ago, while total gross sales exceeded by 14.6 percent over the corresponding period of the previous year and it was HUF 36.903 billion in the first two months.

The average occupancy rate of the Hungarian hotels was 40.1% in January-February, 2.5% higher than a year ago. The average gross price of the Hungarian hotel rooms was HUF 16.085 which is 9.3% higher than the base. The room revenue per hotel rooms (gross Revpar) was HUF 6456 which is 16.8% higher than a year earlier, napi.hu said.

They pointed out that in January-February, 41.3% of all room nights, 11% of domestic guest nights, 68% of all foreign tourist nights, 47% of all hotel revenue and 52% of room revenues were realized in the hotels of Budapest, while only 36% of hotel capacity was in Budapest.

Budapest – among the 30 cities of the STR report – is the 23^rd in room occupancy (49.9%), ahead of Vienna, Prague, Bratislava, Rome, St. Petersburg, Sofia and Vilnius in the first two months of the year.

The KSH (Central Statistics Office) reported SZEP card transactions – which is very important in domestic demand – were HUF 1.381 billion in the national hotels in the first two months of the year, which is 2.4 percent lower than HUF 1.415 billion reached in the base period. The SZEP card was 19.4% of the Hungarian hotel revenues (HUF 7.119 billion).

According to the report, the increase of guest nights was outstanding among the British (+47.8 percent), American (+ 26.7%), French (+11.9 percent), Czech (+10.9 percent), Romanian (+11.8 percent), Italian (+11.6 percent) and Spanish (+15 percent) people. Among the neighboring countries, the growth was prominent in Serbia (+25%) and in Romania (+18.1%). The number of guest nights from Austria stagnated. Negative trends continued in our biggest market, Germany, by a 4.9% decrease.

The number of hotel guest night decreased by 33.3% from Russia and 22.9% from Ukraine – due to the Ukrainian conflict – compared to last year.

So far, two new hotels have opened in the countryside: one in Oroshaza and one in Algyo, with 25 and 18 rooms. During the year, 4 hotels with a total of 250 rooms in Budapest and 7 hotels with around 400 rooms are expected to open – the report said.

According to napi.hu, the analysis noted: the reason that the STR report and the data of KSH is different is because KSH data contain all domestic hotels, while STR includes the data of hotels have a contract with.

based on the article of napi.hu
translated by BA

Photo: network.hu

Source: www.napi.hu