Inbound arrivals will continue to recover throughout the forecast period but will only exceed their pre-pandemic (2018) peak at the very end of it. However, this recovery could be slowed by heightened economic uncertainty arising from robust inflationary pressure, which is making many European consumers more price sensitive, leading them to curb their discretionary spending.
Budapest has long been a popular destination for short city trips and business trips, but in the wake of the easing of COVID-19 restrictions, better-off tourists with a higher propensity to spend on premium services, such as spa and wellness treatments, have been in relatively short supply. In particular, the growing popularity of online or virtual meetings has limited business travel.
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Understand the latest market trends and future growth opportunities for the Tourism Flows 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 Tourism Flows 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.
Tourism Flows
Tourism flows covers volume and spending by inbound, outbound and domestic visitors.
See All of Our DefinitionsThis report originates from Passport, our Tourism Flows research and analysis database.
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