Tourism Nights Plummet 97% In April In Hungary

  • 10 Jun 2020 11:17 AM
  • Budapest Business Journal
Tourism Nights Plummet 97% In April In Hungary
As a result of the coronavirus epidemic, in April 2020, the number of guest nights spent at commercial accommodation establishments fell by 97%, according to data released by the Central Statistical Office.

Compared to the same month of the previous year, both the number of foreign guests and tourism nights fell by 99%, with 3,000 guests spending 17,000 tourism nights in Hungary.

Guest turnover was negligible for all accommodation types and regions, with the number of tourism nights not reaching 1% of the April value of the previous year in Budapest and the Balaton region.

Some 18,000 domestic guests (down 96% compared to April 2019) spent 52,000 tourism nights (down 95%), with boarding houses accounting for nearly half of all tourism nights, showing a below-average 81% decline.

Total gross sales revenues were down by 97% (to HUF 1 billion) at current prices.

Approximately half of the 1,297 operating commercial accommodations in the country did not receive guests.

In January-April 2020, compared to the same period of the previous year.

Compared to January-April 2019, 43% fewer, a total of 4.2 million tourism nights were registered during the first four months of this year.

International guests spent 44% and domestic guests 42% fewer tourism nights (2.1 million and 2.1 million, respectively).

Total gross sales revenues decreased by 39% at current prices, amounting to HUF 83 bln.

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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.