According to Hotel Association of Hungary, the Hungarian tourism is on the right track, although better competitiveness is needed for continuous development.
As the Association latest survey shows, tourism produced 9.4 percent of GDP in 2015. Hungary is a popular destination for tourists from the neighbouring countries, including Czech Republic, Slovakia, Romania and Poland. But the Germans, the Brits, the Americans or the Italians also like to choose Hungary as a short break destination. In the meantime, more and more Hungarians visit homeland destinations, mostly wellness and spa therapy cities.
However, better competitiveness is needed for continuous development. The Association suggests for e.g. reduced VAT as a possible solution.
