Inbound arrivals to Hungary continued to recover during 2022 but remained well below their pre-pandemic peak. Most arrivals came from neighbouring countries.
Airline traffic (number of persons) plunged by just over four fifths during 2020 and recovered only partially in 2020 and 2021. The recovery in long-haul travel has been particularly slow, with the number of passenger-km standing at a little over a quarter of its 2019 peak in 2022.
The number of room nights continued to recover during 2022 but remained well below its pre-pandemic (2019) peak. With most COVID-19 rules eliminated during the early part of the year, local consumers began to travel again, with long wellness weekends and family visits/reunions particularly popular after two long years of restrictions and lockdowns.
The recovery in retail constant value sales of booking accelerated in 2022, but they remained well below their pre-pandemic peak. Even before the onset of the pandemic, online accounted for the bulk of retail value sales of booking, and COVID-19 has served to reinforce its dominance.
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.
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Understand the latest market trends and future growth opportunities for the Travel industry in Hungary with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Travel
Travel encompasses several categories including tourism flows, lodging, travel modes, in-destination spending and booking.
See All of Our DefinitionsThis report originates from Passport, our Travel research and analysis database.
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