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Hungary's travel and tourism market is expected to reach a value of US$1,709 million by 2027, with a CAGR of 2.39%. The market is driven by a number of factors, including rising disposable incomes, increasing urbanization, and growing awareness of Hungary as a tourist destination.
The Hungarian government procures a wide range of travel and tourism products and services, including accommodation, transportation, food and beverage, and travel services. The total value of government procurement in the travel and tourism sector is estimated to be worth over US$100 million annually.
The main travel and tourism products and services procured by the Hungarian government include:
Accommodation: The government procures a variety of accommodation types, including hotels, apartments, and guesthouses, for both domestic and international visitors.
Transportation: The government procures transportation services for both business and leisure travelers, including air travel, rail travel, and bus travel.
Food and beverage: The government procures food and beverage services for conferences, events, and other gatherings.
Travel services: The government procures travel services such as tour packages, visa processing, and insurance.
The top authorities for Hungary travel and tourism procurement include:
The Hungarian Tourism Agency (NTA): The NTA is responsible for developing and implementing Hungary's tourism strategy.
The Ministry of Innovation and Technology (MIT): The MIT is responsible for overseeing government procurement in the travel and tourism sector.
The Ministry of Foreign Affairs and Trade (MFA): The MFA is responsible for promoting Hungary as a tourist destination internationally.
The top winners of Hungary travel and tourism procurement include:
AccorHotels: AccorHotels is a French multinational hotel group that operates a number of hotels in Hungary.
Booking Holdings: Booking Holdings is an American online travel agency that owns a number of popular travel websites, including Booking.com and Priceline.
Expedia Group: Expedia Group is an American online travel agency that owns a number of popular travel websites, including Expedia, Hotels.com, and Vrbo.
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