EUROPEAN BEST DESTINATION AWARD 2019 1ST PLACE
The Hungarian capital finished with 62,128 votes and won the 1st prize at the European Best Destinations vote on 5 th February 2019. Continuous increasing of downtown flats prices. The prices had increased by 40% from 2014 and it is still growing.
Total bookings in the TOP 3 neighbourhoods:
District VII.: 25%
Disctrict VI.: 23%
KIRÁLY STREET: The most popular area in the city centre Prestigious restaurants and popular sights at nearby Over 10 million guest nights in Budapest, 88.2% tourists
According to EBD, this recognition is the fruit of ten years of work, making Budapest one of the most attractive and best-quality cities in Europe, attracting investors, businesses, startups and travelers from all over the world. As a result of its support for culture and heritage projects, Budapest has become one of the most beautiful cities in Europe and boasts one of the most powerful tourist brands on the continent.
The prize for winning cities goes along with 13-25 percent more visitors than before
The yields of short-term housing are closely related to tourism performance
In 2018 for the first time the number of guest nights exceeded 10 million per year in Budapest
The location of the Király Boutique Residence is excellent for foreign guests, one of the most popular neighborhoods in the capital
The best restaurants and the main tourist attractions of Budapest are within a few minutes ’walk
Tourists coming from abroad prefer to rent apartments rather than staying in hotels
During the high season, prices reach the level of a 5-star hotel