Barely 5 pc of Hungary hotels open, says tourism agency

Around 95 percent of hotels in Hungary are closed this week as a consequence of continued cancellations of bookings and new ones drying up due to the novel coronavirus outbreak, the Hungarian Tourism Agency (MTU) said on Wednesday. Hotel occupancy rates have dropped from 70 percent in the first week of March to 35 percent by the middle of the month, NTU said. The average occupancy rate in mid-March was 11 percent in Budapest and 15 percent outside the capital.