Total Budapest Airbnb ban would collapse tourism, experts believe

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Hungary’s tourism sector is on the upturn, boasting a record number of domestic travellers and foreign visitors this year, National Economy Minister Márton Nagy said at a press conference on Tuesday. However, a total Airbnb ban in Budapest, following the example of Terézváros, the capital’s 6th district, would collapse international tourism in Budapest, experts believe.

Airbnb ban may break Hungarian tourism rise

24.hu wrote that some tourism experts believe a possible total ban in Budapest would collapse international tourism because Airbnb tourists would not choose to stay in hotels. Instead, they would not visit Hungary. Alexandra Szentkirályi, the former mayoral candidate of Orbán’s Fidesz, announced before the outcome of the 6th district referendum that she would regulate the issue following the example set by Mayor Soproni on a Budapest or even national level. We detailed the outcome of the Terézváros referendum HERE.

Alberto and Adriana Tarantini in Budapest
Alberto and Adriana Tarantini in Budapest. Photo: Embassy of Argentina in Budapest

The number of tourists who stayed at accommodations in Hungary was close to 7 million in June-August, up 9pc from the same period a year earlier, Nagy said. The number of guest nights rose 3pc to almost 18 million during the period, he added.

Passenger numbers at Budapest Liszt Ferenc International reached 11.5 million by the end of August and could come to 17.5 million by year-end, beating the record number in 2019 by over 1 million, he said. Cargo volume at the airport could reach 270 million tonnes by year-end, boosted in part by Hungarians’ online purchases, he added.

German tourists are the largest group

Nagy said German tourists still accounted for the largest group of foreign visitors to Hungary, but added that the number of Chinese tourists was on the rise. The number of Chinese visitors to Hungary in January-August outpaced the number for all of last year, he said. More big-spending American tourists are also important for the tourism sector, he added.

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