Gergely Balint

Director, Budapest, Hungary

Gergely is a highly experienced professional with a specialisation in the management of hospitality-related projects.


Bio

Gergely (Greg) is a Director at Horwath HTL Hungary, bringing extensive expertise in managing and advising on a wide range of hospitality-related projects. His specialisation includes hotel, resort, and spa feasibility studies, concept development, valuations, operational reviews, and strategic support. Gergely’s broad skill set also extends to tourism and attractions development strategies, positioning him as a versatile consultant in the hospitality and tourism sectors.

With a background as a hotelier in both resort and city hotels in Hungary, operated by Danubius Hotels and Hunguest Hotels, Gergely has been delivering high-standard consultancy services since 2006. His practical experience, combined with his deep industry knowledge, has earned him a reputation as a trusted advisor and a reliable partner in project execution.

Gergely is particularly renowned for his expertise in health and wellness, focusing on health and medical spa and resort developments, as well as redevelopment projects. His contributions to concept planning and operational audits have been integral to the successful completion of numerous specialised projects in this niche market.

His professional dedication is underscored by his active membership in the Association of Tourism Development Experts and Consultants and the Hungarian SPA Association. These affiliations highlight his commitment to advancing best practices and standards within the hospitality and tourism industries.

Gergely holds a Bachelor's Degree in Hotel and Tourism Economy from Kodolányi János University in Hungary. His combination of practical experience, in-depth knowledge, and commitment to excellence ensures that he consistently delivers impactful solutions for clients in the hospitality sector.

Expert insights

Cutting edge analysis.

Report

Budapest Hotel Market Overview 2022

In 2022, the Central and Eastern European (CEE) region, including Budapest, experienced significant economic challenges due to geopolitical tensions and lingering impacts of the pandemic. Soaring inflation, a sharp rise in energy prices, and a labour shortage were major issues. Producer/input costs in the EU surged by 37% in May 2022, a record high. The EUR/HUF exchange rate hit an all-time high of 427 HUF/EUR, significantly impacting operational costs. Our outlook is carefully optimistic, as against all odds, we believe Budapest will continue to be a magnet for city breakers and sport enthusiasts in 2023 as well, as the city is preparing to host the 19th edition of the World Athletics Championship.

Attila Radvánszki
Attila Radvánszki
Partner, Hungary
Report

Market Report: Baku, Azerbaijan

Our latest market report on Baku, Azerbaijan, provides an insightful overview of the city’s evolving tourism and hospitality landscape. Baku, the largest city in the South Caucasus, is capitalizing on its unique geographic location and cultural heritage to become a significant tourism destination. Baku has more than its nine ‘climate zones’ and oil industry to boast about. Hotel development is booming as the market begins to appreciate the economic upside offered by tourism. The diversification of hotel products attracts leisure travellers to the country, extends the booking period and minimises the reliance on corporate travel.

Gergely Balint
Gergely Balint
Director, Hungary