Great news: Budapest is the ultimate “workcation” destination

Budapest has emerged as the top destination for remote and hybrid workers seeking a “workcation,” according to a report by the International Workplace Group (IWG).

The IWG, a leading provider of flexible and hybrid workspaces, compiled this list, which was featured in a report by CNBC. The rankings were based on both internal research and a comprehensive survey of 1,000 hybrid office workers from across the globe. The study sought to identify cities that offer the perfect balance between work and vacation.

To evaluate the cities, the IWG report assessed 30 global locations, rating them on a scale of 1 to 10 across several key categories. These categories included Climate, Culture, Accommodation, Transport, Food, Cost of Living (such as the price of a coffee), Happiness, Broadband Speed, Sustainability, and the Availability of Flexible Workspaces. Each factor was chosen to reflect how well a city can support the unique needs of hybrid and remote workers.

The rise of hybrid and remote work, initially fueled by the global response to the COVID-19 pandemic, has become a lasting trend. During the pandemic, many businesses closed their physical offices to adhere to health regulations, and this shift allowed employees to work from anywhere. Now, this flexibility has become a permanent fixture in many companies’ operations.

According to the IWG report, a significant 84% of hybrid workers have either extended a vacation to continue working remotely or would consider doing so in the future. Additionally, 75% of those surveyed reported that the ability to work from any location greatly enhances their job satisfaction.