Govt To Allocate More For Tourism Developments Next Year
- 21 Nov 2016 8:00 AM
Some 21 billion forints (EUR 67m) will be available for tourism developments in Hungary next year, more than ever before, House Speaker László Kövér said at the inauguration of a hotel in Lenti, near Hungary’s border with Slovenia, on Sunday.
Some 11 billion forints of state funding will be allocated for tourism developments next year, nearly double the 6 billion forints this year, Kövér said.
The amount will be topped up with 10 billion forints in European Union funding he added.
From 2018, a 4% tourism development contribution will be used to support investments in the sector, he said.
Kövér inaugurated the 3.1 billion forint Thermal Hotel Balance and an upgrade at the local spa.
Republished with permission of Hungary Matters, MTI’s daily newsletter.
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