Tag: tourism

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Number of foreign visitors slightly down in June

August 9, 2018, 1:19 pm
In June 2018, the number of nights spent by international tourists decreased by 1% and that of nights spent by domestic tourists increased by 0.2% compared to the level a year earlier, the Central Statistical... 

Hungary November hotel revenues up 16% yr/yr

January 16, 2018, 9:15 am
In November 2017, the number of nights spent by international tourists in Hungarian hotels and hostels increased by 8.7% to 973,000, while that of nights spent by domestic tourists grew by 5.6% compared... 

Hungarian passport among the most powerful in the world

January 10, 2018, 9:02 am
The Henley Passport Index, an annual ranking of passport power by the citizenship planning firm, has just come out for 2018. Germany is at the top for the fifth year in a row, with visa-free or visa-upon-arrival... 

Hotel revenue boosts, we are 3rd in the region

August 11, 2017, 11:36 am
Hungarian hotels showed a double-digit growth in 1H 2017. The gross revenue of Hungarian hotels grew by 17.4% y/y, of which the Budapest hotels grew by 19.9% and those in the rest of the county grew by... 

These are the top destinations for Hungarian tourists

July 10, 2017, 9:39 am
Eurostat, the statistical office of the European Union, has published charts on the popularity of member states with tourists. Let’s see which country gives Hungary the largest number of tourists... 

Hungary to launch HUF 300 bn tourism development scheme

July 3, 2017, 12:48 pm
The Kisfaludy tourism development program will offer nearly HUF 300 billion in funding until 2030 for the upgrade and development of accommodations outside Budapest, Minister of National Development Miklós... 

Hungarian hotel is travelers' choice 2017 on TripAdvisor

January 24, 2017, 3:02 pm
TripAdvisor, the world's largest travel site, has published the list of the Top 25 hotels in the world, based on travelers’ choice, and a Hungarian hotel is on top of that list. Aria Hotel Budapest... 

Hungary to spend HUF 365 bln on Lake Balaton by 2020

December 28, 2016, 4:16 pm
The government of Hungary has earmarked HUF 365.4 billion for investments around the Lake Balaton in the development cycle running until 2020, using both domestic and EU funds, according the latest issue... 

KPMG projects 2,000 new hotel rooms in Hungary by 2018

December 28, 2016, 2:49 pm
Hotel capacities in Hungary will grow by approximately 2,000 rooms over the next two years, which corresponds to 4,000 new hotel beds, so Hungary and in particular Budapest will be prepared to meet the... 

State-owned bank launches HUF 44 bn loan programme for hotel business

October 13, 2016, 3:59 pm
The state-owned Hungarian Development Bank (MFB) is to launch a 44 billion forint (EUR 143.6 mn) interest-free loan programme for “viable catering companies and projects with sound income generating... 

Hungary mulls scrapping levy to shore up tourism

July 6, 2016, 3:07 pm
A new and comprehensive strategy to develop tourism is to be worked out by the end of this year, daily newspaper Magyar Idők (Hungarian Times) reported on Wednesday. Based on this initiative the National... 

Hungary to make big bucks on new levy

June 8, 2016, 1:40 pm
The new levy planned to be introduced in Hungary in 2018 should generate nearly 40 billion forints worth of revenues for the budget, Portfolio estimates. The Hungarian government plans to implement... 

Hungary smuggles new levy into tax package

June 7, 2016, 2:40 pm
Hungarian MPs have approved the tax package for 2017 on Tuesday. Economy Minister Mihály Varga presented the new rules to come into effect next year, emphasizing the reduction of bureaucracy and taxes... 

Hungarian tourism sector drastically short-staffed ahead of high season

May 19, 2016, 8:55 am
Foreign workers, students, unqualified family help may be in service at Hungary’s summer leisure facilities this year to cope with the dramatic shortage of labour although the high season in tourism... 

21 new hotels open in Hungary in 2015

December 29, 2015, 2:36 pm
Between January and October 2015, four new hotels opened in Budapest and 14 in the provinces, with three more hotels outside Budapest slated to open before the end of the year. In the first ten months... 

Budapest ranks third in PwC hotel survey

July 13, 2015, 11:01 am
Budapest hotels rank third based on value-for-money assessments from among 48 cities worldwide, according to a survey published by consultants PwC on Friday. The survey is based on reviews from 142... 

Ministry considers restructuring voucher card system

July 6, 2015, 1:43 pm
The National Economy Ministry is mulling modifications to the SZÉP national voucher cards used by the tourism industry, Ádám Ruszinkó, deputy state secretary for tourism, told daily Napi Gazdaság today.... 

Russian tourists seem to like Hungary less

April 13, 2015, 2:23 pm
Hungary’s tourism fared well in the second month of this year. In February 2015, the number of nights spent by foreign and domestic visitors increased by 11% and 9.0% respectively compared to a year... 

Fewer Russian visitors can cause serious harm to Hungary's tourism

December 29, 2014, 8:44 am
The number of Russian tourists in Hungary has dropped since the onset of the Russia-Ukraine conflict and the plummeting of the rouble has been reducing the number of visits from Russia even further. The... 

Number of Russian tourists in Hungary drops 10% yr/yr in October

December 8, 2014, 11:35 am
In October 2014, the number of nights spent by foreign and domestic visitors increased by 1.7% and 12% respectively compared to a year earlier. The gross revenues of accommodation establishments grew by... 
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