Room prise grow at Balaton and in East-Hungary

In the first eleven months of 2008, the room occupancy rate for three-, four- and five-star hotels was 59%. At current prices, gross room revenue declined by 4%, while the number of tourism nights decreased by 3%.

During this period, gross ARR (Average
Room Rate) was HUF 17 700 (EUR 71). This index was outstandingly high (HUF 37 000 i.e. EUR
148) in the five-star hotels of Budapest. Four-star hotels of
Budapest as well as four- and five-star hotels of rural areas, on
average, enforced room rates of HUF 13 400-17 400 (EUR 54–69);
while the surveyed three-star establishments had average room rates
of HUF 8800-11 100 (EUR 35–44).

Average daily REVPAR (revenue per
available room) was gross HUF 10 400. The highest (HUF 24 600) amount was achieved by the
five-star hotels of Budapest, the lowest (HUF 4600) amount was
reported by the three-star establishments of Western Hungary.

On the whole, gross room revenue
decreased by 4% at current prices. Increases were registered by the hotels operating at the Balaton
lakeshore and four- and five-star hotels in Eastern Hungary, while
the three-star establishments of Western Hungary and four- and
five-star hotels in the capital city experienced a decline.

In January-November 2008, the number of
tourism nights decreased by 3% in the observed units compared with the same period a year
ago. Five- and four-star hotels in Western Hungary were characterized by a modest increase in
the number of tourism nights. In other hotels the number of tourism
nights decreased or was unchanged. Since August, there has been a
decrease in almost every month and – except Western Hungary – in
nearly all regions. In the observed period, all hotel categories of
Budapest experienced occupancy rates over 61%, while rural hotels had
rates of 46-64%.