Budapest Hotel Market Report 2025
Budapest hotel demand hits record 9.83 million guest nights in 2025
Key metrics from Budapest's hotel market · Data: Hungarian Central Statistical Office (KSH) & Horwath HTL Hungary
What you need to know
Guest nights
0M
All-time record — up 6.5% on 2024
▲ New peak
Airport passengers
0M
Nearly 20% above the 2019 pre-pandemic peak
▲ 11.7% vs 2024
ADR
€0
Up 46.1% in euro terms since 2019
▲ 3.7% vs 2024
RevPAR
€0
Up 36.3% compared to the 2019 pre-pandemic level
▲ 8.2% vs 2024
Seasonality
0%
December 2025 above pre-pandemic December demand
▲ Year-round growth
Key performance indicators — 2025
Total guest nights
0
Overnight stays in Budapest hotels · New all-time record
▲ 6.5% vs 2024
Total guests
0
Individual arrivals · Avg stay 2.35 nights
▲ 7.2% vs 2024
Net ADR
€0
Average daily rate in euros · +46.1% since 2019
▲ 3.7% vs 2024
Net RevPAR
€0
Revenue per available room · +36.3% since 2019
▲ 8.2% vs 2024
Occupancy rate
0%
Still 4.6pp below 2019 · reflects 12–13% more room supply
▲ 3.5pp vs 2024
Hotel rooms
0
Across 233 classified hotels · +12.8% vs 2019
▲ 2.0% vs 2024
Horwath HTL — Budapest Hotel Market Report 2025
Budapest hotel market 2025 — key performance indicators. Source: KSH / Horwath HTL Hungary.
Metric2025 valueChange
Guest nights9,829,338+6.5% vs 2024
Guests (arrivals)4,190,827+7.2% vs 2024
Net ADR€109.84+3.7% vs 2024 / +46.1% vs 2019
Net RevPAR€78.42+8.2% vs 2024 / +36.3% vs 2019
Occupancy71.4%-4.6pp vs 2019
Hotel rooms23,266+2.0% vs 2024 / +12.8% vs 2019
Airport passengers19,632,894+11.7% vs 2024