Hungary’s hospitality industry posts strong November results

January 14, 2015


Hungarian hotels and pensions sold 4.6 percent more room nights to foreign guests in November 2014 year-on-year, according to the Central Statistical Office (KSH).  They also sold 1.9 percent more room nights to domestic travelers.

Commercial accommodations operated at 49 percent capacity, a 1.3 percent increase over November 2013.  Five-star hotels and medicinal hotels operated at 71 percent and 62 percent, respectively.

The average gross rate per room rented was HUF 15,296, 10 percent higher than the previous year.  The average gross revenue per available room was HUF 7,422, representing an increase of 10 percent over November 2013.  Average gross revenue per room rented was HUF 14,197.

Commercial hotels and pensions reported total gross revenues of HUF 24 billion, representing an 11 percent increase.  Of this, total room revenue increased 12 percent to HUF 13 billion.

Restaurant turnover increased 13 percent to HUF 6 billion, and miscellaneous revenue increased 6.6 percent to HUF 6 billion.

As of November 30, 2014, 924 hotels offered 53,000 rooms, 913 pensions offered 9,000 rooms, and miscellaneous commercial accommodation such as camping grounds offered 502 rooms.