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GUEST NIGHTS FALL IN MARCH, ALBEIT FROM HIGH BASE

 

The number of guest nights at commercial accommodations in Hungary fell by an annual 4.4% to 1,963,000 in March, the Central Statistical Office (KSH) said. KSH noted that the decline was from a high base. In March 2018, Hungarians enjoyed a four-day weekend for the March 15 national holiday, as well as the start of the Easter holiday. The number of guest nights spent by foreign visitors dropped by 4.1% to 998,000, while the number spent by domestic guests declined by 4.7% to 965,000. Adjusted for seasonal and calendar year effects, guest nights spent by foreign and domestic travellers rose by 1.7% and 3.7%, respectively, KSH said.
Revenue of commercial accommodations increased by 3.2% to 35 billion forints (EUR 107.9m). At hotels, revenue per available room (REVPAR) edged up 0.6% to 10,145 forints. The average room rate rose 3.2% to 18,375 forints. The occupancy rate at hotels slipped 1.5 percentage points to 55.2%.