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Expatriate Insurance News: Budapest 'is good value for money'

Expatriates and other travellers considering a break abroad this summer could sample the delights of Budapest, which offers ‘fantastic value for money’ for many visitors.

Karin Jones from the Hungarian National Tourist Office said the capital city is a beautiful place to visit in the summertime and is set to offer tourists and expatriates alike an exciting range of events.

Between July 6th and August 17th, the city will host a summer music festival, where expats and other travellers could catch indoor and outdoor performances including opera and a gypsy orchestra, Ms Jones explained.

Visitors may also wish to attend the Sziget Festival in August, which is one of the largest music festivals in Europe. Last year it hosted 390,000 music lovers, and it is held on Old-Buda Island in the middle of the Danube.

Muse, Iron Maiden, Yeasayer, Calvin Harris and DJ Shadow are all on this year’s line-up, providing the perfect opportunity for expatriates missing the music of their home country to catch some big name performances.

Hotel prices are currently low in Budapest as increases in hotel supply and depreciating market conditions have seen accommodation providers in the capital reduce their costs, according to the HotStats European Chain Hotels Market Review for May 2010.

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