Budapest hotel market rebounds as regional tourism surges

Tourism across Central and Eastern Europe is rebounding at pace, with Budapest emerging as one of the region’s strongest-performing hotel markets, CBRE’s newest market report highlights. Budapest’s average hotel occupancy rate reached 71% in 2024 — a 4 percentage point increase from the previous year. Average daily rate (ADR) rose to approximately €123, while revenue … Continue reading Budapest hotel market rebounds as regional tourism surges