NGM: tourism is increasingly helping to restore economic growth

By: Trademagazin Date: 2024. 02. 28. 11:57

In January, the turnover of tourist accommodation increased by 11 percent, the performance of the sector in January surpasses the data of the record year 2019 before the war and Covid. Tourism is increasingly helping to restore economic growth – the Ministry of National Economy (NGM) stated in its statement on Wednesday, evaluating the latest statistical data.

NGM recalls: according to the report of the Central Statistical Office (KSH) and the data of the National Tourist Information Center (NTAK), the number of guest nights increased by 11 percent in January 2024. In the first month of the year, 836,000 guests arrived at Hungarian accommodations, which is 10 percent higher than at this time a year ago and 4 percent higher than the data measured in the first month of the record year 2019.

Accommodations registered 2.1 million guest nights in Hungary in January 2024, which represents an 11 percent increase on an annual basis, while exceeding the 2019 level by 8 percent. Most guest nights were generated in the capital (915 thousand), which represents a 13 percent increase compared to the previous year. Based on the number of guest nights (250,000), Lake Balaton was the most popular tourist area after the capital, where a fifth of rural guest nights occurred. At Lake Balaton, the number of guest nights increased by 15 percent in January.