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Switzerland Hospitality Industry Outlook 2024 - 2028

See how Switzerland Hospitality performed compared to key markets such as Italy, Spain and France.

Key Market Indicators

Swiss accommodation establishments are projected to reach 183,000 bedplaces by 2028, a decline from the 233,000 bedplaces recorded in 2023. This represents an average annual decrease of 3.8%. Historical data since 1996 shows a consistent year-on-year drop of 2.9% in the country's supply of bedplaces. As of 2023, Switzerland ranks 10th in terms of bedplaces, with Austria leading the way at 233,000 bedplaces. Spain, France, and Germany hold the second, third, and fourth spots, respectively. Meanwhile, revenue from Swiss accommodation services is expected to climb to €9.3 billion by 2028, up from €8.3 billion in 2023. This marks an average annual growth rate of 1.8%. Since 2014, the Swiss market has seen a steady annual increase of 2.2%. In the 2023 revenue rankings, Switzerland is positioned at number 8, with the Netherlands surpassing it at €8.3 billion. Spain, France, and the United Kingdom are the top three countries in this category.

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Switzerland Hospitality Market Data and Forecasts