Hotels and short-term rentals targeting foreign tourists visiting Budapest are expected to suffer the largest decline in value sales due to COVID-19 in 2020. Danubius, is the largest hotel chain in Hungary, with its properties mainly in Budapest and it is expected to be severely hit by COVID-19. Also, more upmarket hotels, with facilities such as spas which are deemed particularly unsafe due to COVID-19, are also expected to register a huge decline in value sales. Also, the cancellation of UEFA…
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Euromonitor International’s Lodging in Hungary report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market – be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2024 illustrate how the market is set to change.
Product coverage: Hotels, Lodging Offline, Lodging Online, Other Lodging, Short-Term Rentals.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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* Get a detailed picture of the Lodging market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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Table of Content:
Lodging in Hungary
List OF CONTENTS AND TABLES
KEY DATA FINDINGS
Hotels and short-terms rentals in Budapest register the biggest hit, due to COVID-19
Government offer lifeline to lodging operators through SZÉP card
RECOVERY AND OPPORTUNITIES
Budget and mid-market lodging will recover quicker, as consumers tighten belts
Young will drive recovery in the forecast period
Table 1 Lodging Sales: Value 2015-2020
Table 2 Lodging Online Sales: Value 2015-2020
Table 3 Hotels Sales: Value 2015-2020
Table 4 Hotels Online Sales: Value 2015-2020
Table 5 Other Lodging Sales: Value 2015-2020
Table 6 Other Lodging Online Sales: Value 2015-2020
Table 7 Lodging Outlets: Units 2015-2020
Table 8 Lodging: Number of Rooms 2015-2020
Table 9 Lodging by Incoming vs Domestic: % Value 2015-2020
Table 10 Hotels NBO Company Shares: % Value 2016-2020
Table 11 Hotel Brands by Key Performance Indicators 2020
Table 12 Forecast Lodging Sales: Value 2020-2025
Table 13 Forecast Lodging Online Sales: Value 2020-2025
Table 14 Forecast Hotels Sales: Value 2020-2025
Table 15 Forecast Hotels Online Sales: Value 2020-2025
Table 16 Forecast Other Lodging Sales: Value 2020-2025
Table 17 Forecast Other Lodging Online Sales: Value 2020-2025
Table 18 Forecast Lodging Outlets: Units 2020-2025
COVID-19 impact on travel
COVID-19 country impact
Company response to COVID-19: Airlines and hotels
Impact of COVID-19 on online bookings and travel intermediaries
What next for travel?
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