Outstanding performance by 4-star hotels

Based on the latest hotel market report recently launched by Colliers International Hungary, in the first half of 2011 the number of guests and guest nights spent in commercial accommodation increased by 4 and 3% respectively, in comparison to the corresponding period in 2010. „Within this, hotels continued to perform above-average, with the number of guest nights rising by 7%. Four-star hotels performed particularly well, with growth exceeding 11%” – said Norbert Szircsák, researcher and valuation consultant at the real estate advisory firm.