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
A digital treasure trove for monument lovers – e-orokseg.hu has been launched
Never before has Hungary’s built heritage been so spectacularly and…
Read more >Hungarian tourism continues to be on a strong path
In February 2025, tourism once again showed strong growth: domestic…
Read more >More than 1 million guests arrived at Hungarian hotels
Hungarian tourism continued to strengthen in February 2025: more than…
Read more >Related news
A digital treasure trove for monument lovers – e-orokseg.hu has been launched
Never before has Hungary’s built heritage been so spectacularly and…
Read more >NKFH: Consumer protection officers inspected hundreds of stores and restaurants operated in the Far East
Consumer protection authorities inspected hundreds of shops and restaurants operated…
Read more >Hungarian startup digitizing cruise bookings could join the 4 billionaires’ club this year
CLICKnCRUISE has raised capital from angel investors, including József Szigetvári,…
Read more >