Hungary Tourism Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Hungary Tourism Report

The Hungary Tourism Report

The Hungary Tourism Report has been researched at source, and features latest-available data covering tourist expenditure, government expenditure on tourism, foreign direct investment projects, domestic airline revenues, passenger arrivals and departures, and the country’s hospitality markets; 5-year industry forecasts through end-; company rankings and competitive landscapes for multinational and local companies; and analysis of latest industry developments, trends and regulatory changes, as well as political risk factors affecting the Hungarian tourism sector.

Business Monitor International’s Hungarian Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Hungarian tourism industry.

Key Benefits of Report

Coverage

Executive Summary

Summary of BMI’s key forecasts and industry analysis, covering the commercial airline, hospitality and Tourism Report infrastructure industries, landmark joint ventures and acquisitions, projects, and the regulatory environment.

BMI 5 - Year Tourism Report Outlook

Structure, size and value of industry sector; overview of industry landscape.
Assessment of business operating environment and latest regulatory developments. Forecasts for government expenditure on Tourism Report industry. Forecasts for tourist arrivals/departures/airline passenger traffic (international and domestic) and tourism receipts.

BMI 5 - Year Macroeconomic Forecast

Forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.
Commentary on local exchange rates and their effect on tourism industry.

Business Environment Rankings

Comparative cross-border analysis assessing business and regulatory factors to rank Asia’s most competitive Tourism Report markets. Indicators used include Political Risk, Business Environment Risk, Forecast International Tourism Receipts, Visitor Arrival Growth, Investment Environment and Shock Factors (taking account of any special factors such as terrorism, natural disasters and disease).

Travel

Comparative company analyses and rankings by sales, passengers carried, size of fleet and employee size of leading airlines.
Special focus on effect of rising jet fuel costs on airline industry.

Hospitality

Overview of hospitality industry structure detailing no of beds, no of rooms, and hotel occupancy rates. Comparative company analyses and rankings by sales, and no of establishments of leading hotel groups.

Company Profiles & SWOTS

Company profiles, including SWOT (strengths, weaknesses, opportunities and threats) analyses, fully researched senior executives, contact details and business activity.

Hungary Tourism Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Table of Contents

Chapter - Executive Summary

SWOT Analysis
Tourism Industry SWOT
Hungary Political SWOT
Hungary Economic SWOT
Hungary Business Environment SWOT

Chapter - Market Overview

Tourism Outlook
Table: Hungary's Tourism Industry, 2006-2013 (US$mn)
Table: Hungary's Travel Industry, 2006-2013
Industry Forecast Scenario

Chapter - Tourism Business Environment Ratings

Table: Central And Eastern Europe Travel And Tourism – Business Environment Ranking
BMI's Security Ratings
Table: Europe Regional Security Risk Ratings
Table: Europe State Terrorism Vulnerability Index
Regional Security: Europe
Hungary Security Risk Ratings

Chapter - Government Monetary And Exchange Rate Policy

Table: Hungary – Monetary Policy, 2005-2012

Chapter - Travel

Commercial Airlines
Table: Key Players – Hungarian Airline Market, 2007
Car Rental Firms
Quarterly Oil Products Price Outlook
Table: Oil Product Price, 2006-2013 (US$/bbl)

Chapter - Hospitality

Accommodation
Table: Structure Of Hungary's Accommodation Market, 2005-2012
Table: Leading Operators In Hungary's Accommodation Sector, 2007
Accommodation Developments
Infrastructure

Chapter - Company Profiles

Malév Hungarian Airlines
Danubius Hotel and Spa Rt
Accor-Pannonia Hotels Rt
Wizz Air
Hilton

Chapter - Country Snapshot: Hungary Demographic Data

Section 1: Population
Table: Demographic Indicators, 2005-2030
Table: Rural/Urban Breakdown, 2005-2030
Section 2: Education And Healthcare
Table: Education, 2002-2005
Table: Vital Statistics, 2005-2030
Section 3: Labour Market And Spending Power
Table: Employment Indicators, 2001-2006
Table: Consumer Expenditure, 2000-2012 (US$)
Table: Average Annual Wages, 2000-2012

Chapter - BMI Forecast Modelling

How We Generate Our Industry Forecasts
Tourism Industry
Tourism Ratings –Methodology
Table: Tourism Business Environment Indicators
Table: Weighting of Components
Sources
Hungary Tourism Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Executive Summary

Tourism Overview

The most recent data confirm our view of a weak outlook for foreign visitors in 2008, with arrivals totalling just under 31mn in the first nine months of 2008, up just 0.3% year-on-year (y-o-y), representing a slight improvement on H108 which recorded a 2% decline y-o-y. Out of the top four source markets, the number of arrivals from Romania were unchanged y-o-y but visitors from Slovakia and Germany increased 4% and 2% y-o-y respectively, while arrivals from Austria declined slightly. Overall, arrivals from Europe were largely unchanged compared with the same period in 2007, although visitors from the EU were up favourably y-o-y (with continuing strong growth in arrivals from the Czech Republic and Poland). The number of Hungarian travellers abroad, meanwhile, was up just 1.3% y-o-y in the period January to September 2008.

Forecast Scenario

Although BMI expects slight negative growth in foreign visitor arrivals to Hungary in 2008, the outturn for this year is likely to be somewhat worse (down 3% y-o-y). This is strongly influenced by economic conditions in major source markets, with a sharp slowdown expected in economic growth in both Romania and Slovakia, while the outlook for the eurozone (which accounted for 58% of visitors in 2007) is poor, resulting in a relatively sharp negative impact on foreign arrivals to Hungary in the short term. However, mild recovery in growth of foreign visitor arrivals is likely to occur from 2010.

Hospitality

After a poor outturn in both 2006 and 2007, almost complete annual data record further disappointment in the hospitality sector in 2008. In the period January to November 2008, the total number of nights spent in all accommodation establishments were down 1.4% compared with the equivalent period of 2007 to over 18.8mn. Tourist nights by international visitors, which amounted to about 9.5mn, declined by 2.2% y-o-y, while nights by domestic residents fell 0.5% y-o-y. With regard to key source markets, the number of nights by German and Austrian tourists declined over the eleven-month period by 10.5% and 3.7% yo- y respectively. Two other major source markets, Italy and the US, also both recorded negative growth in tourist nights (down around 11% and 10.4% y-o-y respectively). Contrary to the above trends, tourist nights accounted for by the UK were up 2.7% y-o-y (although in the month of November there was a massive fall of over 34% y-o-y). The average occupancy rate of hotel rooms was 49.8%, with 56.1% occupancy in four-star hotels and 62.4% in five-star hotels.

Budapest Ferihegy International Airport

Reflecting weakness in the tourism sector, the largest airport in Hungary, Budapest Ferihegy International Airport, served a total of over 8.4mn passengers in 2008, a fall of 1.8% compared with the previous year. Indeed, in December, passenger numbers declined almost 10% y-o-y, but traffic was significantly affected by a two-week strike, with airlines forced to cancel numerous flights. The number of passengers travelling with traditional airlines was nearly 5.8mn in 2008, which was roughly the same as a year earlier. Low-cost carriers however, transported just over 2mn passengers, down 6% on 2007.

Wizz Air

From February 2009, Hungarian low-cost carrier Wizz Air entered the Czech market by opening six new routes operated from Prague International Airport.

List of Ranked Companies

Competitive Landscape for Asia Tourism Reports: Sample of Companies Ranked

[TOP]

Comparative cross-border analysis assessing business and regulatory factors to rank Asia’s most competitive tourism markets. Indicators used include Political Risk, Business Environment Risk, Forecast International Tourism Receipts, Visitor Arrival Growth, Investment Environment and Shock Factors (taking account of any special factors such as terrorism, natural disasters and disease). Company SWOTs for leading resort, hotel, airline, travel and tourism operators in each market, including competitive intelligence on overall geographic presence, competitive positioning and relationships with international operators; % share of operator markets; % share of international arrivals and departures; % share of busiest domestic routes; main products and services; panregional expansion, merger and acquisition strategies.

* Accor Asia
* AirAsia
* Air China
* Air India
* Best Western
* British Airways
* Cathay Pacific
* Garuda
  * Holiday Inn
* Hyatt
* Malaysia Airlines
* Millennium & Copthorne Hotels
* Radisson
* Shangri-La Asia Limited
* Singapore Airlines
* Thai Airways
* VietNam Airlines
Hungary Tourism Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Read about our other Tourism Reports

Africa

Egypt, Kenya, Morocco and South Africa

Asia

China, Hong Kong, India, Indonesia, Malaysia, Singapore, Sri Lanka, Thailand and Vietnam

Caribbean

Anguilla, Antigua and Barbuda, Aruba, Bahamas, Barbados, Belize, Bermuda, Cayman Islands, Cuba, Dominica, Dominican Republic, Grenada, Guadeloupe, Guyana, Haiti, Jamaica, Martinique, Montserrat, Netherlands Antilles, Puerto Rico, Saint Kitts and Nevis, Saint Lucia, Saint Vincent, Suriname, Trinidad & Tobago, Turks and Caicos Islands, Virgin Islands, British and Virgin Islands, U.S.

Europe

Bulgaria, Croatia, Czech Republic, Estonia, Greece, Latvia, Lithuania, Poland, Romania, Romania, Russia and Slovenia

Latin America

Brazil, Chile and Mexico

Middle East

Oman, Turkey and United Arab Emirates
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