What will happen to Hungary if tourism ceases for months
According to the analysts of Szallas.hu, the number of guest nights will decrease by 43-48 percent this year, which will cause a loss of almost 250-300 billion HUF in tourism. Due to the multiplier effect, the Hungarian economy loses three times this, almost 800-900 billion HUF. We have to wait another year and a half for foreign tourists to arrive.
The tourism industry, which created 428,000 jobs in Hungary and generated 8.5 percent of Hungary’s GDP, came to a halt on March 14, 2020 and started a radical change. For the sake of interdependence, if a spa goes bankrupt, there will be no guests in the accommodation and catering units in the area.
Related news
The escalation of the epidemic is also affecting tourism
Although the foot-and-mouth disease virus is not dangerous to humans,…
Read more >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 >International tourism on top form again
At the beginning of the year it was revealed: 2024…
Read more >
More related news >
Related news
The escalation of the epidemic is also affecting tourism
Although the foot-and-mouth disease virus is not dangerous to humans,…
Read more >Rat in the soup, insect in the bowl – more than 1,900 Sukiya restaurants to close in Japan
An unpleasant incident has shaken one of Japan’s best-known fast…
Read more >