The majority of Budapest hotels to be built in the next two years will be big 100 to 200-room facilities as against the recent trend focusing on smaller ones in 2015 and 2016.

Plans are afoot to build six fivestar hotels in Budapest and one in the countryside. In 2015 twenty-two new hotels with 944 rooms started to operate, mainly in the countryside. In January-September this year 14 hotels with 866 rooms opened in the country, including three with 136 rooms in Budapest.

Guest nights have been growing steadily now almost for six years. Occupancy rates have been high this year at the most popular sites, exceeding 80% in Budapest and the eastern basin of Lake Balaton.

Republished with permission of Hungary Matters, MTI’s daily newsletter.