Domestic and foreign guest nights at Hungary's hotels rose by 13.8% and 6.3% year-on-year in the first quarter, respectively, according to the latest market report by the Association of Hungarian Hotels and Restaurants (MSZÉSZ).

In March alone, the number of domestic and foreign guest nights was up by 16.5% and 10.1%, respectively, according to data from the Central Statistics Office.

Domestic demand increased in January-March because of higher disposable income, the popularity of SZÉP holiday cards and the two weekends with extended public holidays in March, the association said.

 

As for foreign guest nights, MSZÉSZ registered above-average growth from Israel (25.8%), the Czech Republic (14.5%), Germany (10.2%), Romania and Russia (8.1%) and Italy (6.6%). European inbound markets accounted for 82.7% of foreign guest nights during the first quarter.

Four hotels opened in January-March with 287 rooms in total, the association added. These included three properties in Budapest with 271 rooms and one in the countryside with 16 rooms.

 

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