Beauty Salons In Hungary See 50% Drop In Turnover

  • 16 Nov 2020 12:43 PM
  • Budapest Business Journal
Beauty Salons In Hungary See 50% Drop In Turnover
Turnover for beauticians has dropped by roughly 50% compared to last fall, as traffic has decreased most in larger and near-border cities, Andrea Stuhl, vice president of the First Hungarian Association of Qualified Beauty Professionals, told leading business daily Világgazdaság.

The lack of foreign tourists is a big loss for the salons in Budapest, but the situation is also quite bad in the northwestern regions in the areas where beauty service providers specialize in Austrian and Slovak guests.

Others have had to close due to declining traffic, but there are smaller settlements where the decline is minimal.

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Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.