Market Report: Budapest, Hungary
By Horwath HTL on November 10, 2015
Attila Radvánszki of Horwath HTL Hungary has written the next in our series of market reports, focusing on the Budapest market.
‘Horwath HTL Hungary is constantly monitoring the Hungarian hotel market. We finally see that Budapest — Hungary’s most indicative market — shows supply and demand growing hand in hand with average daily rate.
The general sentiment and year-todate figures indicate a successful 2015 for Budapest hotels, both in terms of demand and supply growth.‘