Key Market Indicators
Revenue from accommodation services in Malta is expected to reach €440 million by 2026, up from €343.5 million in 2021. This represents a yearly average decrease of 0.5%. Since 2013, the market has been declining by 7.4% year-on-year. In 2021, Malta ranked 26th in this sector, behind Slovenia with €343.5 million. France, the UK and Spain came in second, third and fourth place respectively. Maltese expenditure on accommodation is expected to reach €421.2 million by 2026, up from €287.1 million in 2021. This represents a yearly average growth of 0.3%. Since 2000, demand has been decreasing by 8.7% year-on-year. In 2021, Malta ranked 24th in this sector, behind Macedonia with €287.1 million. Italy, France and Germany came in second, third and fourth place respectively. The number of establishments offering accommodation in Malta is expected to reach 1,790 bedplaces by 2026, up from 1,650 bedplaces in 2021. This represents a yearly average compound annual growth rate of 0.8%. Since 2017, supply has been falling by 0.6% year-on-year. In 2021, Malta ranked 33rd in this sector, behind Luxembourg with 1,650 bedplaces. France, Spain and Germany came in second, third and fourth place respectively.
Malta Hospitality Market Data and Forecasts
How much will Malta Hospitality Market grow to 2026?
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