In the last 2 years, Budapest baths have lost a huge amount of revenue. The loss is estimated to be HUF 20 billion, but pre-pandemic turnover returned by the end of the year. There are reasons to celebrate not only in the baths of the capital but also in the countryside. This year, renovation work will begin at several rural baths. Thanks to these projects, soon we can enjoy our favourite renewed baths again.
Turnover in 2020 was 10 per cent higher than in 2021. However, this was still only a third of the 2019 record year. Ildikó Szűts, CEO of Budapest Gyógyfürdői és Hévízei Zrt., made a report with porfolio.hu. The increase in the price of natural gas and electricity in 2021 meant an additional cost of HUF 340 million. This, along with the huge revenue loss due to the pandemic, poses a significant issue for every spa in the capital.
Almost a whole year of revenue was lost due to the pandemic.
There are several reasons behind this. On the one hand, baths had to be closed down for more than 8 months, and on the other hand, domestic and foreign turnover decreased drastically. In 2021, revenue was HUF 6.5 billion, 10 per cent higher than in the previous year. In 2020, half of the revenue came in from the pre-pandemic period.
By the end of 2021, full house days were back.
Since November, the spas of the capital can only be visited with an immunity certificate. The measure was a success. Traffic did not diminish, regular visitors remained, and spa visitors and staff stayed protected.
Several major spa developments will start in Hungary in 2022. It includes both the renovation of existing spas and the opening of a facility that has been closed down for years but soon will be revived. By 2023-2024, many Hungarian baths will surprise their visitors with a new upgraded look.
The Gellért Bath and Gellért Hotel will be renewed.
By the summer of 2022, the Leányfalu Thermal Bath will be renovated as well. The Lepence Thermal Bath in Visegrád, which has been out of operation for almost 15 years, will reopen soon. They are also working on the expansion of the Csipke Spa and Adventure Bath in Kiskunhalas and the Liget Spa in Gyomaendrőd. The plan is to finish the work by 2023, writes liner.hu.
Source: liner.hu, portfolio.hu