Key Market Indicators
Revenue from accommodation services in Hungary is expected to reach €1.16 billion by 2026, up from €891.63 million in 2021. This equates to an average annual growth rate of 0.7%. Since 2010, the Hungarian market has decreased by 4.3% year on year. In 2021, Hungary was in 21st place, behind Romania's €891.63 million. France, the United Kingdom and Spain were respectively ranked 2nd, 3rd and 4th. Expenditure on accommodation services in Hungary is expected to reach €897.54 million by 2026, up from €720.99 million in 2021. This equates to an average annual growth rate of 0.4%. Since 2000, Hungarian demand has fallen by 5.5% year on year. In 2021, Hungary was in 19th place, behind Ireland's €720.99 million. Italy, France and Germany were respectively ranked 2nd, 3rd and 4th. The number of accommodation establishments in Hungary is expected to reach 151,580 bedplaces by 2026, up from 136,260 bedplaces in 2021. This equates to a compound annual growth rate of 1.3%. Since 1995, Hungarian supply has decreased by 1.5% year on year. In 2021, Hungary was in 14th place, behind Belgium's 136,260 bedplaces. France, Spain and Germany were respectively ranked 2nd, 3rd and 4th.
Hungary Hospitality Market Data and Forecasts
How much will Hungary Hospitality Market grow to 2026?
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