According to the article in MTI Econews, which was then reported in Realdeal.hu, Budapest is at the lower rungs of the ladder in hotel occupancy and cost.
“Budapest hotels ranked in the bottom half of STR Global’s survey of occupancy rate, average net room price and revenue per available room (RevPAR) in 31 major European cities during the first seven months of 2012, the Hungarian Hotel and Restaurant Association announced on Friday.”
For occupancy, they ranked 27th out of 31 European cities.
For average net room price they fell to 29th place, which is good for the tourist.
For a cheap sleep, come to Budapest!