Key Market Indicators
Revenue from accommodation services in Italy is expected to grow 0.1% year on year on average, reaching €22.2 billion by 2026. In 2021, Italian market was valued at €19.7 billion, 3.6% down since 2010. Italy ranked third in 2021, behind Spain (€19.7 billion) and France (€18.9 billion). The UK and Spain followed in fourth and fifth place, respectively. Meanwhile, Italian accommodation expenditure is forecasted to drop by 1.6% year on year on average, reaching €17.4 billion by 2026. In 2021, the UK topped the list at €15.4 billion, with Italy in second place at €15.4 billion. France and Germany were in third and fourth place respectively. Since 2000, Italian demand decreased 8.9% year on year. Finally, the number of bedplaces in Italian accommodation establishments is predicted to grow 1.5% year on year on average, reaching 1.9 million by 2026. In 2021, France, Spain and Germany took the top three spots with 1.7 million, 1.5 million and 1.2 million bedplaces, respectively. Since 1995, Italian supply increased 1.9% year on year.
Italy Hospitality Market Data and Forecasts
How much will Italy Hospitality Market grow to 2026?
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