Hungary Hotel Figures Q1 2023

May 9, 2023

Looking for a PDF of this content?

Tourism had a strong start in Hungary this year despite the general economic slowdown in Europe. The total guest night figure reached 4.5 million in Q1 2023, which is slightly above the last year figure. The split between the domestic and foreign guest nights was almost equal.

In Q1 we registered 5 new hotel openings (ca. 300 rooms in total), one in the Lake Balaton region and 4 in major regional cities.

Although the new supply was outstanding last year, still many projects slipped over to this year, bringing the pipeline over 3,000 rooms (under construction).