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19th March, 2020

Hotels likely to close this week



Hotels in Budapest will probably close this week, due to measures introduced in response to the coronavirus crisis, and because room occupancy is tending towards zero, Hotel and Restaurant Association president Tamás Flesh told Portfolio.

It makes no business sense to operate these hotels further and protecting employees is the first priority, he added.

He said hotels outside of Budapest may follow with a few days delay.

Flesh observed that hotels might reallocate their workforce, or cut working hours and pay in order to retain their employees, who will be needed after the crisis.

He forecast that hotels will not reopen for three months.

As tourism employs 400,000 people in Hungary, employers and the government should work together to find solutions, he said.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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