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LOCKDOWN CAUSES GUEST NIGHTS TO PLUNGE IN MARCH

 

Guest nights at commercial accommodations in Hungary dropped by 64.6% year-on-year to 697,000 in March because of a lockdown to contain the spread of the coronavirus, data released by the Central Statistical Office (KSH) show. The number of guest nights spent by foreign visitors declined by 68.1% to 316,000. The number spent by domestic travellers fell by 61.0% to 381,000.
Hungary closed its borders to foreign travellers, with some exceptions, from March 17. Revenue of commercial accommodations slipped 59.7% to 14 billion forints (EUR 40m) during the period.
In January-March, guest nights dropped by 18.7% to 4,149,000 as the number of guest nights spent by foreigners fell by 17.7% to 2,120,000 and the number of guest nights spent by domestic tourists was down 19.7% at 2,029,000. Revenue of commercial accommodations fell by 11.4% to 82 billion forints.