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.
Budapest checks all the boxes for a perfect “workcation”
The selection criteria for these rankings were designed to assess how comfortable and conducive different cities are for working professionals who also want to enjoy their surroundings. Mark Dixon, CEO of IWG, explained to CNBC Make It that, “In addition to basic livability requirements such as accommodation, transport, and food, there are crucial considerations that can significantly impact a worker’s productivity, such as reliable broadband and the availability of flexible workspaces.”
Budapest secured the top spot on this year’s list, earning high marks in several categories. The city scored 9.5 out of 10 for both accommodation and transport, 8.5 for sustainability, and 8 for broadband speed. These impressive scores highlight Budapest as not only a beautiful and culturally rich city but also a highly functional one for digital nomads and remote workers. The Hungarian capital is often celebrated for its classical architecture and draws approximately 12 million international tourists each year.
Rounding out the top ten cities for a workcation, according to IWG, are Barcelona, Rio de Janeiro, Beijing, Lisbon, New York, Singapore, Jakarta, Los Angeles, and Milan. Each of these cities offers a unique mix of attractions and amenities that cater to the modern hybrid worker’s lifestyle, further expanding the options for those looking to blend their professional and personal lives seamlessly.
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Featured image: depositphotos.com