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Learn moreSep 2017
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The number of inbound arrivals during 2017 set a new record with 15.9 million trips and HUF2,386.4 billion sales generated directly. Although the growth rate is below the peaks of the previous three years, the country remains popular for short visits to Budapest as low cost carriers and short-term rentals help keep travel expenses low. International sporting events, like FINA Aquatics World Championship gave a one-off boost in 2017 with potential for some positive effects carried over into the forecast period.
Inbound tourism is set to post a 5% CAGR to reach 19.8 million trips, while domestic trips will record a 5% CAGR to 15 million trips in 2022. The growth will be fuelled by the increased marketing activities related to various events that entice people to travel. The availability of affordable travel and lodging options will be also an important catalyst for the positive performance.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Flows industry in Hungary with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Flows industry in Hungary, our research will save you time and money while empowering you to make informed, profitable decisions.
The Flows in Hungary market research report includes:
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This industry report originates from Passport, our Travel And Tourism market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.