Booking demand will continue to recover throughout the forecast period, with retail constant value sales exceeding their pre-pandemic peak by 2025. The recovery will be slowed by elevated inflationary pressure during the early part of the forecast period.
In the wake of COVID-19 and in the context of heightened economic and political certainty, more consumers may leave making travel bookings until the last minute in an effort to avoid having to make cancellations and modifications and incurring the costs associated with them. However, this is likely to push up pricing, as operators offer fewer last minute deals.
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Understand the latest market trends and future growth opportunities for the Booking industry in Hungary with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Booking industry in Hungary, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Booking category includes: Booking Offline, Booking Online including Mobile Travel, Leisure Travel, Business Travel, Travel Intermediaries and Direct Suppliers. It covers point of sale to residents for travel either domestically or abroad.See All of Our Definitions
This report originates from Passport, our Booking research and analysis database.
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