Attila Radvánszki

Partner, Budapest, Hungary

Attila Radvánszki is a Partner at Horwath HTL Budapest.


Bio

Attila oversees a wide range of services, including market and financial feasibility studies, single asset and hotel portfolio valuations, hotel operator selection, and contract negotiations. He is also involved in hotel and tourism product development, strategic planning, transaction support, asset management, due diligence, operations reviews, market surveys, and industry reports.

Since joining Horwath HTL in 2012, Attila has played a key role in the development of over 135 tourist attractions and hotels, with a focus on Hungary, Central and Eastern Europe, and numerous CIS countries. He has worked on a wide range of projects in diverse cultural settings, from luxury island resorts in the Seychelles to large-scale mixed-use developments in Greece and theme parks across Europe. His unique insights into these projects are gained from extensive experience in various international markets.

Attila is particularly interested in the evolving role of artificial intelligence and the short-term rental market. He is convinced that these will be key disruptors in the hospitality industry. He is also the author of several industry articles on key tourism trends in Hungary and conducts comprehensive payroll surveys in the Budapest hotel market.

Prior to his current role, Attila gained extensive hotel operations experience holding positions in food and beverage and revenue management across Switzerland, the UK, and Hungary with renowned brands such as Kempinski, Britannia Hotels, and Best Western.

Attila holds a BA Honours in Travel & Tourism Management from the International Business School (IBS) Budapest, accredited by Oxford Brookes University. He was nominated for the Top 10 Young Tourism Professionals in Hungary in 2022 and is a frequent speaker and jury member at local universities in Budapest.

Expert insights

Cutting edge analysis.

Report

Budapest Hotel Market Overview 2024

Explore the evolving landscape of Hungary’s hotel and tourism industry with our 2023 Budapest hotel market analysis, as we bring you a sneak peek into Hungary’s economic rebound and its impact on the hospitality sector. Witness Budapest’s remarkable recovery, underlined by recovering foreign direct investments and a reviving hotel market. Uncover key insights into the city’s rising appeal as a tourism destination, bolstered by significant infrastructure developments and a robust increase in luxury hotel brands. From market trends to future projections, our article provides valuable perspectives for industry stakeholders looking to navigate the Hungarian hotel and tourism sector.

Balázs Fűredi
Balázs Fűredi
Consultant, Hungary
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

Ukraine Hospitality Sentiment Survey

The global crisis caused by the COVID-19 pandemic has drastically altered the tourism industry worldwide, and Ukraine is no exception. Tourism, a crucial economic sector, has been significantly affected due to severe restrictions on cross-border travel. The Ukrainian hotel and aviation industries are struggling to survive by minimizing costs and capitalizing on domestic demand. The Ukrainian Association of Hotels and Resorts (UHRA), along with international tourism experts from Horwath HTL, conducted a survey to provide an overview of how stakeholders perceive the challenges brought about by the pandemic.

Marius Gomola
Marius Gomola
Managing Partner, Hungary