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Guest Nights down 59.2% in September

MTI-Hungary Today 2020.11.06.

The number of guest nights at commercial accommodations in Hungary fell by an annual 59.2 percent to 1,061,000 in September, the Central Statistical Office (KSH) said on Friday.

The number of guest nights spent by domestic travellers fell by 16.2 percent to 931,000, while the number spent by foreign visitors plunged by 91.3 percent to 130,000.

Hotel Association Projects 70% Revenue Loss at Budapest Hotels This Year
Hotel Association Projects 70% Revenue Loss at Budapest Hotels This Year

For most hotels in Budapest, the loss of revenue this year may exceed 70 percent from last year, while hotels outside of the capital are expected to see their revenue fall by 20-40 percent due to the coronavirus crisis, according to a representative survey commissioned by the Hungarian Hotel and Restaurant Association. Differences in terms […]Continue reading