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Hungary Tourism Report Q1 2017

  • November 2016
  • -
  • Business Monitor International
  • -
  • 31 pages

Includes 3 FREE quarterly updates

BMI View:
Hungary's tourism sector is expected to expand throughout our forecast period, supported by increasing arrivals and growing receipts. This will support new investment in the hotel industry, particularly in areas outside of Budapest where the market is less developed, offering significant scope for future expansion. The biggest threat facing the sector is the potential for a drop in the economy of key source markets in the eurozone.

Key Updates and Forecasts


- From 2017, Hungary's National Agency For Tourism will be responsible for promoting and developing tourism across the country, with a focus particularly on Tokaj, the Balaton area, Budapest and Sopron. A new tourism strategy is under development and is expected to be released by the end of 2016.

- Hungarian low-cost airline Wizz Air, the largest low-cost carrier in Central and Eastern Europe, continues to add new routes, including flights to Hannover (Germany), Bergen (Norway) and Faro (Portugal).

Table Of Contents

Hungary Tourism Report Q1 2017
BMI Industry View 5
Table: Key Forecasts (Hungary 2014-2020) 5
SWOT 7
Tourism 7
Industry Forecast 9
Table: Inbound Tourism (Hungary 2014-2020) 13
Table: Tourism Receipts (Hungary 2014-2020) 15
Table: Hotel Accommodation (Hungary 2014-2020) 17
Table: Tourist Departures and Consumption (Hungary 2014-2020) 18
Industry Risk/Reward Index 19
Table: Central and Eastern Europe Tourism Risk/Reward Index 19
Rewards 20
Risks 20
Market Overview 22
Competitive Landscape 25
Domestic Hotel Groups 25
Table: Domestic Hotel Groups 25
International Hotel Groups 26
Table: International Hotel Groups 26
Methodology 28
Industry Forecast Methodology 28
Risk/Reward Index Methodology 29
Table: Weighting Of Indicators 31

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