Hungary - a 2013 market snapshot and the outlook for 2014 and beyond

2014 is an election year, so until after June, not much is expected in additional investment and economic activity. Spa, particularly wellness, and to a smaller degree medical tourism remain a clear attraction, with Hungary sitting on the largest supply of thermal springs in Europe.

Europe Hungary

Marius Gomola is Managing Director, Horwath HTL Hungary & Horwath HTL Russia. He built his hospitality industry management and consulting experience in Canada with leading hospitality companies, and has now been involved in over 1000 projects including a wide range of feasibility assessments for hotels, resorts, serviced apartments, youth hostels, golf courses, conference centers, spas, and vacation ownership developments on four continents.

At Horwath HTL, our focus is one hundred percent on hotel, tourism and leisure consulting. Our services cover every aspect of hotel real estate, tourism and leisure development. Our clients choose us because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each project we help is different, so we need all of the experience we have gained over our 100-year history.