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Hungary Tourism Report Q1 2016

  • November 2015
  • -
  • Business Monitor International
  • -
  • 29 pages

Includes 3 FREE quarterly updates

BMI View: Hungary's tourism industry is reporting strong growth, boosted by an increase in arrivals fromkey markets such as the UK and supported by an increase in international travel connections. The domestictourism market will also benefit from economic growth, and the country's hotel market and transportnetwork are relatively well placed to keep up with the expected increases in demand. However, the ongoingmigrant crisis has the potential to dampen growth, both to Hungary and the wider region.

Key Updates And Forecasts

? Overall, Hungary's inbound tourism market is expected to experience steady growth throughout ourforecast period, with arrivals set to increase from 11.5mn in 2015 to 13.2mn in 2019 - the majority ofwhich will be accounted for by travel from Hungary's European neighbours.

? The hotel sector in Hungary continues to attract international investment, with developers such as Cox &Kings announcing the construction of a new 751-room hotel due to open in Budapest in early 2018 underMeininger Hotels.

Table Of Contents

Hungary Tourism Report Q1 2016
BMI Industry View 5
Table: Key Forecasts (Hungary 2012-2019) 5
SWOT 7
Tourism 7
Industry Forecast 9
Table: Inbound Tourism (Hungary 2012-2019) 13
Table: Tourism Receipts (Hungary 2012-2019) 14
Table: Hotel Accommodation (Hungary 2012-2019) 16
Table: Tourist Departures and Consumption (Hungary 2012-2019) 17
Industry Risk/Reward Index 18
Tourism Risk/Reward Index 18
Table: Central Eastern Europe Tourism Risk/Reward Index 19
Market Overview 21
Competitive Landscape 24
Domestic Hotel Groups 24
Table: Domestic Hotel Groups 24
International Hotel Groups 25
Table: International Hotel Groups 25
Methodology 26
Industry Forecast Methodology 26
Risk/Reward Index Methodology 27
Table: Weighting Of Indicators 29

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