Eventrend Group Continues to Strengthen

The Eventrend Group, a Hungarian group of companies, has recorded the highest revenues in its history and is a dominant player in the Hungarian catering and event management market. With 1,100 employees, more than 30 projects and the operation of world-renowned and renowned catering venues, the company's year-end report shows that it is the largest event management company in the European market.  

The Eventrend Group closed another outstanding year in 2024, a clear sign of the group's growing strength. The company's net revenue reached HUF 25 billion, an increase of almost 20% compared to last year's turnover of HUF 21 billion. With this dynamic growth, the 100% Hungarian-owned group could reach its growth targets set for 2022 and planned for 2030 as early as next year, the two founding owners, Zoltán Kőrössy and Gábor Nagy, say.

While the average revenue of the domestic hospitality and hotel sector has declined due to inflation and a drop in retail demand, Eventrend Group's units have continued to deliver outstanding results. The strong growth in inbound tourism, which is already exceeding 2019 levels, has been a major contributor to this success. The growth is not only in demand, but also in competition, so the success of the group's units is mainly due to the excellent work of the managers, according to the owners. Both the number of guests and the revenue of the group's "bucket list" units are at their best this year. Special mention should be made of the 130-year-old New York Café – which achieves new guest numbers records year after year and has unprecedented queues waiting to get in – as well as the 130-year-old Gundel, the Central Café, the Spoon, the Fakanál, the Főőrség and Lovarda, Városliget Café and the Séf Asztala on Kossuth Square. The Eventrend units served around 4.5 million guests during the year.

This year was a particularly strong year for event management, with around 7,000 events organized. In addition, considerable energy was invested in Group-wide client relations work, and the results have been positive. Event revenues, excluding public buffets, exceeded HUF 8 billion, and including these, rose to over HUF 10 billion. Overall, the Eventrend Group's units achieved a record year in this market segment as well.

The group returned to the hotel sector this year. In September, it opened the Carlton Buda Castle Hotel, which has been operating at peak capacity from the first month with high occupancy rates. Next year they are looking to move forward in this area, reopening the Zichy Birtokhotel in Bikács, which is currently under renovation, but they are also negotiating the takeover of other hotel operations.

The Eventrend Group attaches great importance to social responsibility and supporting the younger generations. The dual vocational training program currently has 270 secondary school students and 40 university students in apprenticeships. The Eventrend Group and the managers of all its entities are committed to training and getting to know the younger generation, to building relationships and to intergenerational cooperation. It is important for them to help the young generation to develop their professional skills, their development and their commitment to hospitality and tourism.

The founding owners emphasize that they know that young people are the future, they believe in them and they build on them. This belief is reflected in the literary series they have launched for young people, with classes focusing on experiential learning and memorable moments. They organize free interactive programs for students in the framework of the Extraordinary Literature Lessons (Central Literary Journey). Interest has been so explosive that within a week of the Literature Lessons being announced, schools have booked up all the places for this academic year, and even had to increase the number of events announced.

The group is also paying special attention to supporting disadvantaged groups, as support for people with disabilities is a common cause and everyone is encouraged to get involved.

The founders stress that they believe in making experiences that make people happy and fulfilled available to all. Their social responsibility program focuses on people who do not have access to restaurants, hotels or events in their daily lives. The aim is to empower, enrich and support vulnerable members of society and the organizations that help them, whether they are children with disabilities, adults or other disadvantaged groups.