Trend Report over the first eight months of the hotels
The growth in foreign demand became slower, domestic demand fell in August, the hotel industry's financial situation continued to deteriorate in January-September – shows the recent trend report of the Hungarian Association of Hotels and Restaurants.
In Hungary in August 2011 – compared to the previous seven-months – the growth in foreign demand slowed, domestic demand fell. Although the 60.4 percent national hotel room occupancy in August was 0.5 percentage points better than in the base, in the last month of the summer the gross average hotel prices decreased by 6.1, the RevPAR index by 5.3 percent, compared to August 2010 – reports turizmzusonline.hu.
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