Hungary Tourism Report Q1 2016

Date: November 4, 2015
Pages: 29
US$ 1,295.00
Report type: Strategic Report
Delivery: Download

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Includes 3 FREE quarterly updates

BMI View: Hungary's tourism industry is reporting strong growth, boosted by an increase in arrivals from key markets such as the UK and supported by an increase in international travel connections. The domestic tourism market will also benefit from economic growth, and the country's hotel market and transport network are relatively well placed to keep up with the expected increases in demand. However, the ongoing migrant 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 our forecast period, with arrivals set to increase from 11.5mn in 2015 to 13.2mn in 2019 - the majority of which 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 under Meininger Hotels.
BMI Industry View
  Table: Key Forecasts (Hungary 2012-2019)
Industry Forecast
  Table: Inbound Tourism (Hungary 2012-2019)
  Table: Tourism Receipts (Hungary 2012-2019)
  Table: Hotel Accommodation (Hungary 2012-2019)
  Table: Tourist Departures and Consumption (Hungary 2012-2019)
Industry Risk/Reward Index
Tourism Risk/Reward Index
  Table: Central Eastern Europe Tourism Risk/Reward Index
Market Overview
Competitive Landscape
Domestic Hotel Groups
  Table: Domestic Hotel Groups
International Hotel Groups
  Table: International Hotel Groups
Industry Forecast Methodology
Risk/Reward Index Methodology
  Table: Weighting Of Indicators
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