Budapest Council Cuts Rents For Catering Businesses

  • 2 Oct 2020 9:40 AM
  • Hungary Matters
Budapest Council Cuts Rents For Catering Businesses
The local council of Budapest approved steep discounts on rents for catering businesses on city-owned premises at a meeting on Wednesday.

Council members voted to give catering businesses discounts on rent that match declines in revenue up to 90%, as long as they keep headcount around levels at the end of August.

The members voted to slash the outdoor table fees restaurants and bars pay the city by 90% until March 31, 2021.

The council also voted to reduce the dispatcher fee taxi drivers pay by 70%.

Budapest’s tourism and catering industry, which relies on foreign visitors for much of its business, has been hit hard by pandemic travel restrictions.


MTI Photo: Szilárd Koszticsák

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports