According to several websites detailing the best travel destinations both globally and in European terms, Hungary has been ranking among the top tourist destinations over the past years.
Probably, this is one of the things behind the fact that more people booked hotel rooms in Budapest than in Prague or Vienna in January-February 2016, the most recent report data released by STR Global, a hotel market data company, reveals. The number of domestic tourists has also increased, thanks to the wide use of SZÉP cards – state-issued recreational cafeteria vouchers -, turizmusonline.hu writes. Occupancy, gross price and RevPAR (revenue per available room) figures also increased in February compared to 2015. Foreigners spent 8.5% more nights in the country, while the number of domestic overnight stays has increased by 9% also.
In the first two months of 2016, hotels in the country saw a total increase of 18.5% in foreign overnight stays, while this indicator only grew by 3.8% in Budapest. The increase in the number of the visitors from EU countries was higher (8.5%) than from European countries (3.3%). Of the total growth, Asia accounted for 17.9%; China, with 102.9% and Israel with 18.8% can be credited for this huge increase. However, tourists from surrounding countries remain in the lead, including Austria (+12.3%), the Czech Republic (+18.1%) and Romania (+22%).
Despite a large number of Russians continuing to choose Hungary as a holiday destination, there was a 9.9% decrease in the first two months of 2016, but still a 5.1% increase in February compared to 2015. In spite of the Russian-Ukrainian conflict, the number of overnight stays spent by Ukrainians has grown. A report published by MSZÉSZ, the Hungarian Hotel and Restaurant Association, shows that the number of overnight stays spent by Ukranians has risen by 43.1 %, while Germans spent less time in Hungary.
Domestic overnight stays have grown by 9% too, while the number of foreign overnight stays has increased by 18.5%. This is mostly a result of the developing wellness and thermal bath industry of the countryside. The total revenue of hotels in the well-liked Balaton region has grown by 10.7%, and their RevPAR has increased by 17.8%.
Regarding the categories, 3-star hotels saw a 14.2% RevPAR increase in the country. 5-star hotels in Budapest were more popular, with their RevPAR increasing by 8.9% in 2015.
A slight decrease in bookings has been noted in the last quarter of 2015, due to the migration crisis. However, tourists are no longer discouraged from travelling to Budapest and according to STR Global’s report, more than 50% of Budapest hotels were booked in January-February 2016.
So hurry up, if you have not already booked your room to your holiday in the heart of Europe, don’t hesitate because hotels may run out of available rooms.
photos: ballymena.today; mkkve.hu; budapesthotels-budapesthotelbooking.com; hoteltelnet.hu