Nowadays there is a significant increase in Luxury Outbound Traveling in Central and Eastern European countries. According to Eurostat online publication “Tourism trips of Europeans”, due to the economy rise, people in these countries have started to search new travel destinations and invest more time and money in travelling. In 2014 (the most recent reference year for which complete data was available) residents of the European Union made 2,5 million trips (for personal or professional purpose) and spent 2 562 million nights during those trips. Tourist expenditure amounted to EUR 221 326 million.

Hungarian Market

Experts claim that the outlook on the rise of the Hungarian economy for this and next year is bright due to the planned 15–25% minimum wage hike, increased EU funds inflows, tax cuts and a solid labor market. Experts forecast that the Hungarian economy will expand by 3.0% in 2017 and by 2018, it is expected to grow 2.9%.

Such growth of economy leads to the increase in number of outbound trips. In 2016 the number of outbound trips made by Hungarian residents grew by 9% compared to 2015.

Polish Market

According to an article by FocusEconomics, the rise of polish outbound travel market is conditioned by the rising of economy at the start of 2017, after GDP growth edged up at the end of 2016. Moreover, well developed labor market and government stimulus measures fuel the consumption boom and the rise of GDP. The FocusEconomics panel sees growth of 3.1%. In 2018, the panel sees GDP expanding by 3.3%.

“Increase in outbound tourism among Poles is caused by the improved economy – the household incomes are going up and the unemployment rate is going down.” says Andrzej Betlej, the president of Traveldata.

Budapest

Festetics Palac

The building of Festetics Palace (Festetics Palota in Hungarian) is located in the heart of Budapest, in a part formerly known as magnate-district. It neighbours such buildings and institutes as the National Museum, the Szabó Ervin Library, and the Italian Cultural Institute. The palace was designed in the middle of 19^thcentury by the prominent Hungarian architect Miklós Ybl, the author of the project of Hungarian State Opera and many other Budapest buildings. The historic rooms of the palace were opened to the public after careful and detailed renovation in fall 2003, they are decorated with Venetian mirrors, inlayed wooden floors, original chandeliers and moldings.

The halls of Festetics Palace will become the venue for Luxury Travel Show on 12 of November, 2018, in Budapest.

Address: Pollack Mihály tér 3, 1088 Hungary

Phone: +36 83 314 194

Website: helikonkastely.hu

Istanbul

Pera Palace Hotel

Pera Palace Hotel was opened in 1895, designed in a blend of neo-classical, art nouveau and oriental styles by Alexander Vallaury, a French-Turkish architect who also undertook The Ottoman Bank Headquarters and The Istanbul Archaeology Museum. The hotel with its elegant spacious rooms and halls became the place where many famous people were staying. The names of Queen Elizabeth II, Ernest Hemingway, Agatha Christie, Alfred Hitchcock and many other famous guests woven into the history of the hotel. Pera Palace Hotel overlooks the magnificent view of the Golden Horn and is located in Beyoğlu, Tepebaşı district of Pera once known as the “Little Europe”. Historically named Pera, today’s dynamic lively Beyoğlu is the historical, cultural and social city centre of Istanbul. The hotel is located in walking distance to the Istanbul city centre (Taksim).

Pera Palace Hotel will be hosting Luxury Travel Show in Istanbul on November, 15^th.

Address: Meşrutiyet Caddesi No: 52 34430 Tepebaşı

Phone: 90 212 377 40 00

Website:http://www.perapalace.com

Warsaw 

Concept 13

Address:Bracka 9, 00-001 Warszawa, Poland

Phone: 48 22 310 73 73

Website: likusrestauracje.pl