Significant Price Hikes Expected in Hospitality Amid a labor shortage, high inflation rate, and ever growing food prices, those working in the hospitality sector expect considerable... 2021.05.23.
Vaccine Impact Reflected in Falling Daily Cases, Chief Medical Officer Says The impact of Covid-19 vaccines can already be seen in Hungary's trend of declining daily new cases, the chief medical... 2021.04.20.
Covid: Momentum Presses Charges After Secretly Recorded Video in Casino Unlike businesses in the dying hospitality sector, casinos can still remain open and work at full capacity in Hungary with... 2021.03.03.
Despite Wage Subsidy Rollout, Hospitality Industry Struggles to Survive While the government insists that wage subsidy payments for the hospitality industry are now going out smoothly, the sector still... 2021.02.26.
Budapest Prepares ‘Tourism Reopening Package’ to Help Hospitality Industry The Budapest municipality is preparing a "reopening package" to help the hospitality industry after the lifting of coronavirus-related restrictions, which... 2021.02.08.
Restrictions to Be Extended until March 1 The government is extending coronavirus-related restrictions until March 1, Gergely Gulyás, the head of the Prime Minister's Office, told a... 2021.01.28.
When Can Hungary’s Hotels and Restaurants Reopen? Closures could remain in effect until Pentecost (May 23), the Hungarian Hotel and Restaurant Association (MSZÉSZ) wrote in an open... 2021.01.21.
Gov’t Extends Support for Tourism, Catering Companies until end-January The government will continue to cover half of wage costs and waive payroll taxes at companies in the hard-hit tourism... 2020.12.09.
The Hungarian Economy and the Pandemic – Hungary at First ‘Site’ Conference At an international "Hungary at First 'Site'" press conference organized by the Friends of Hungary Foundation,Hungary Today's publisher, and held... 2020.11.16.
Coronavirus – Orbán: New Restrictions ‘Timely’ and ‘Precise’ "Every life counts", Prime Minister Viktor Orbán said in a radio interview on Friday, while also flagging tax cuts next... 2020.11.13.
Hospitality Industry in Trouble: Will the Government’s Financial Aid be Enough? The new coronavirus restrictions are expected to once again impact the hospitality industry negatively. The government has therefore offered tax... 2020.11.12.
Guest Nights down 59.2% in September The number of guest nights at commercial accommodations in Hungary fell by an annual 59.2 percent to 1,061,000 in September,... 2020.11.06.
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... 2020.09.24.
Lake Balaton: Lack of Cheap Workforce Generates Rising Prices More and more people are lacking in the hospitality industry at Lake Balaton as Hungarian entrepreneurs cannot compete with Western... 2019.06.19.
Number of Restaurants in Budapest Decreases, While Those that Remain Perform Well Many entrepreneurs are attracted to the idea of opening a restaurant in Budapest, but many of them end up closing... 2017.11.23.
