Marathon Tourism Generates Spending Of Hu F 2.7bn
- 2 Mar 2016 8:00 AM
Marathon tourism in Budapest generated direct spending of 2.7 billion forints and tax revenue of 880 million forints last year, National Economy Minister Mihály Varga said on Monday, presenting a study by consultancy KPMG commissioned by the Budapest Sport Office.
Budapest’s three big runs, the Telekom Vivicitta race, the Wizz Air Budapest Half Marathon and the SPAR Budapest Marathon Festival, drew more than 70,000 registered competitors last year, up 22% from the year before, according to the study.
About 17,500 foreign competitors in the races spent some 65,000 guest nights in the city.
Domestic competitors from elsewhere in Hungary made up 60- 70% of domestic competitors, and they, too, spent nights at commercial accommodations.
The study shows 70% of marathon tourists who visit Budapest want to return to Hungary.
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MTI photo: Kovács Tamás
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