Real Estate Overview Hungary - 2018 Spring

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Indicators of the Tourist Market of Budapest and Hungary 2/2 The latest statistics on inflows and profitability in this sector are very positive. In September, the number of tourists arrivals exceeding the previous year was 4.6%, coming from abroad and 3.6% from Hungary. In addition to this, the average length of stay has also increased: in 2017 the number of nights spent on holiday increased by 6.8% and the average price per night rose by 10%. In the capital all data record even higher values, such as higher hotel prices by + 14%. Foreign visitors in Hungary, 2017 In 2017, the number of visits to Hungary by foreign nationals was 55 million, of which 39 million on the same day and 16 million visits at night. In 2017, foreign visitors spent HUF 1,832 billion in Hungary, of which tourist expenses amounted to HUF 1,386 billion. One quarter of the expenses, 467 billion florins, came from the same visitor accounting days for almost three quarters (71%) of total visitor traffic. Night visitors spent a total of 1.365 billion florins during the year. Average daily per capita expenditure grew by 5.9% to 14,700 HUF for visitors in Hungary and 7.1% to 16,000 HUF for night visitors

Lake Balaton 14


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