Keep on growing

4-star hotels in Budapest performed best in the first 10 month of the year with an average occupancy of 75%, while the average for all Budapest hotels was between 70-75%. The worst occupancy (45%) was observed in the upscale hotels of east Hungary.

The average gross rate of a hotel room was HUF 15,300 (EUR 61) while the REVPAR increased by HUF 800 to HUF 9600 (EUR 38). The number of guest nights grew by 6% on a year-on-year base