The forecast period is expected to see full-service restaurants in Hungary record a positive performance, although sales growth is set to remain under pressure due to the adverse economic situation and the pressure that has come on discretionary spending due to high inflation. Operators across the channel are already struggling with limited financial resources during the post-pandemic era at a time when the interest rates on business loans continue rising.
During the forecast period, it is expected that Hungary’s burgeoning fine dining scene will increasingly expand beyond Budapest and the Hungarian capitals and into key tourist resorts and major urban areas throughout the country’s territory. Historically, Budapest has been the nexus of Hungary’s fine dining scene and it is likely that there will remain numerous very well-regarded upscale restaurants located in the national capital.
Traditionally, chains have had little influence on full-service restaurants in Hungary and is sales were still dominated by independent operators at the end of the review period. This is largely due to the preferences of local consumers, the majority of whom would rather opt for local cuisine, delicacies and specialties.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Full-Service Restaurants 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 Full-Service Restaurants 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.
Full-Service Restaurants
FSR (full-service restaurants) encompasses all sit-down establishments where the focus is on food rather than on drink. FSR is characterized by table service and a relatively higher quality of food compared to quick-service units. Menus offer multiple selections and may include breakfast, lunch and dinner. Preparation of food products is often complex and involves multiple steps. NOTE: restaurants types catalogued in this segment refer to table-service only (outlets with a proper “full table service:” wait staff attending customers and taking orders at the tables). Outlets with “limited table service” are excluded from FSR. For example: outlets where customers order their food at the counter are excluded (even though the waiter will then bring the food at the table).
See All of Our DefinitionsThis report originates from Passport, our Full-Service Restaurants research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!