The average room rate in five-star hotels was 99 euros in Budapest last year, as against 123 euros in Prague, 148 euros in Vienna and 185 euros in Munich.

Additionally, rooms were more available in Budapest than in rival cities. Most hotel experts believe that standardised and long-term tourism marketing is currently missing in Budapest, noting that while the Hungarian Tourism company spends around 5 million euros on promotion, Vienna earmarks 14 million euros and Prague 9 million for the purpose each year.

According to the Central Statistical Office, the number of guest nights at commercial accommodation in Hungary rose by an annual 4.6% to 1,305,000 in December.

Source www.hungarymatters.hu

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