Hotels and commercial accommodations in Budapest had 90-100% occupancy last year during the race in general with major hotels in the capital fully booked, István Kovács, secretary-general of the association of Hungarian hotels and restaurants, told the paper.

We expect a large number of guests at all types of accommodations this year, he said.

Huge demand has allowed hotels to increase their room rates by 5-10% which is interesting from the point of view that this has still left Budapest’s international ranking untouched as the cheapest capital for tourists, Kovács said.

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