The number of foreign tourists staying at Hungary's public accommodation establishments increased by 8.5% y/y to 1.339mn in January to May 2012, the statistics office informed. Overnight stays by foreigners increased by 9.7% y/y to 3.596mn in the period. The number of domestic tourist visits declined by 2.8% y/y and overnights were down by 1.1% y/y. The revenue of Hungarian accommodation facilities increased by 5.7% y/y to HUF 91.9bn (EUR 319.6mn) in the first five months of 2012. In terms of individual segments, the hotel sector accounted for HUF 84.5bn of the total revenue, up 7% on the year. The average room occupancy in hotels increased to 41.3% in January to May 2012. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more