To Budapest tourism is the 'capital of 8% of GDP and Hungary is in ninth place in the world among conference destinations, with an annual growth rate of 10%. The capital is one of the favorite destinations for conferences, thanks to a good accommodation, with over 35,000 beds. The overnight stays in 2005 was 6 million, an increase of 6% over the previous year. An important project is being implemented in the Millennium City Center in the area south of Budapest, on the ability total of 6,000 people. Akos Niklai, president of the Tourist Board, said: "Hungary is experiencing a period full of successes in the tourism sector in the last 4 years the segment has risen by 46% and the Italian friends are in 4th place for arrivals After Germany, Britain and Austria. 4 are our flagship products: Budapest, Lake Balaton, the spa and business tourism. "
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