Budapest hotels performed outstandingly in October

The average price and the RevPAR index of the Budapest hotels showed an outstanding growth in October, compared to the previous year – shows the statistics of STR Global – which presents the October performance of the world's hotels.

On the European hotel market October average prices have improved in almost every region, due to the strong European demand. Occupancy increased in Bratislava the most, reaching a 15 percent increase.

Growth exceeded 15 percent in two European market in terms of average hotel prices compared to last October, one was Budapest with 15.2 percent to 75.28 euros the other was Paris.

RevPAR increased by 21.7 percent to 56.60 euros in Budapest. Only Dublin’s RevPAR increased more with 23.4 percent to 76.15 euros. (turizmusonline.hu)