KSH: huge decline in tourism and hospitality in 2020 due to the pandemic

The pandemic caused by the coronavirus and the related restrictive measures caused a significant decline in almost all segments of Hungarian tourism and hospitality in 2020, as a result of which the gross value added of accommodation and catering decreased by 32 percent, compared to the previous year – according to the Situation on the Tourism and Hospitality Sector 2020 publication of the Central Statistical Office.