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W Hotels To Open Luxury Unit By 2020
W Hotels Worldwide, a member of the Marriott group, will open its first hotel in Budapest in the former Ballet Institute building on Andrássy út in 2020, based on an agreement with owner Qatar-based QPR Properties. more »
Hungary’s Guest Nights Jump 16.4 Pc In November
The number of guest nights at commercial accommodations in Hungary jumped an annual 16.4 percent to 1,787,000 in November 2016, data released by the Central Statistical Office (KSH) on Monday show. Guest nights spent by Hungarian tourists were up by 16.3 percent at 887,000. KSH said the increase was due to a long weekend in November. more »
Hungarian Tax Authority Warns Airbnb Hosts
The Hungarian tax authority NAV has received data from Airbnb on the amount of income Hungarians have received from letting their homes to visitors through the online rental service. more »

Airport Expansion Works Start


Airport Expansion Works Start
Work on expanding the capacity of Budapest’s international airport started this week with the demolition of metal pavilions erected for passengers of low-cost airlines, Budapest Airport spokesman Mihály Hardi told Világgazdaság. more »

Wizz Air Flights Cost State HUF 4bn


Wizz Air Flights Cost State HUF 4bn
The state is paying Ft 4 billion to low cost airline Wizz Air to maintain regularly scheduled flights between Budapest and the Balkan destinations of Podgorica, Pristina, Sarajevo, Skopje and Tirana over four years, according to information published on the EU public procurement website on December 31. more »

Hungary’s Hotel Capacity Seen To Expand By 2,000 Rooms By 2018


Hungary’s Hotel Capacity Seen To Expand By 2,000 Rooms By 2018
About 2,000 rooms could be added to the total capacity of hotels in Hungary in the next two years, consultancy firm KPMG said in a fresh analysis. Hungary’s hotel capacity would increase even without the needs of the upcoming major sports competitions and the planned 5,000-seat convention centre taken into account. more »



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