According to a survey, 36 percent of Hungarians are planning a vacation abroad this year.
36 percent of Hungarians plan to vacation abroad this summer, and those planning a trip expect to spend an average of 300,000 forints abroad per person, said Bence Sármay, the head of Visa Hungary, based on their recent research, at a press conference held in Budapest on Tuesday together with MBH Bank.
Bence Sármay said that the most popular destinations for Hungarian tourists continue to be Croatia, Italy, Spain, Austria and Greece, and they spend an average of 8 nights abroad on vacation.
The head of the international financial services company in Hungary also mentioned that the planned foreign spending of Hungarian tourists is 40,000 forints lower than the average for the Central and Eastern European region.
According to their representative survey of a thousand people, eight out of ten Hungarians would pay with a bank card abroad, mostly because of the convenience and speed it provides. 55 percent of respondents track their spending abroad in their banking app, although only 10 percent use the spending analysis function of the banking app.
Csaba Soós, retail business development manager at MBH Bank, said that based on their own representative research, travel is the 8th most important savings goal in Hungary.
This year, it even beats buying a car. 76 percent of travelers mainly cover the cost of their vacation from savings, and 34 percent also spend from their current monthly income. While a household spends an average of 410 thousand forints on a domestic vacation, it spends 760 thousand forints on foreign trips.
He added that
43 percent of those surveyed would vacation domestically, 30 percent on a European beach, and 8 percent outside Europe. July and August remain the most popular months for vacation, and the most important consideration for vacationers is that the vacation should not be too expensive.
Participants in the MBH Bank survey stated that their most important expectations from banks when it comes to travel are fast and cheap currency exchange, provision of a foreign currency account and travel insurance.
Although this proportion has decreased in recent years, half of travelers still do not take out travel or accident insurance, while the proportion of those traveling abroad who take out insurance is 57 percent, he added.
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