CBRE: domestic travel needs of Hungarians can be the lifebelt of Hungarian tourism
In previous years, the proportion of domestic and foreign guests at home was approximately 50-50 percent, in 2020 the market may be based solely on domestic guests, which may be less favorable for the capital than for rural tourism. From 2021, the number of foreign visitors will increase again: according to the forecast, Budapest will receive as many foreign tourists in two or three years as in 2019, while normalization in the larger and more mature Western European markets may take up to 4-5 years – CBRE Hungary’s analysis of the hotel industry in Hungary reveals.
Related news
The capital’s spas welcome the public with film screenings and late-night opening hours in the summer
With the start of the school summer break, Budapest’s spas…
Read more >NGM: tourism continues to boom – more than 1.7 million tourists arrived at domestic accommodations in May
The government is constantly working to attract more and more…
Read more >NAV has published information regarding travel luggage
The National Tax and Customs Administration (NAV) has published a…
Read more >Related news
The capital’s spas welcome the public with film screenings and late-night opening hours in the summer
With the start of the school summer break, Budapest’s spas…
Read more >Confectioner Trade Day 2025
On 5 May the Hungarian Confectioners’ Craft Union (MCI) held…
Read more >NAV has published information regarding travel luggage
The National Tax and Customs Administration (NAV) has published a…
Read more >