Key Market Indicators
Revenue from Belgian accommodation services is expected to reach €2.4 billion by 2026, up from €2.1 billion in 2021. This represents an average year-on-year decrease of 0%. Since 2010, the market has dropped by 3.6% annually. In 2021, Belgium ranked 15th, with Norway taking the top spot at €2.1 billion. France, the UK and Spain respectively came in second, third and fourth. Belgian accommodation expenditure is expected to reach €1.3 billion by 2026, up from €1.1 billion in 2021. This represents an average year-on-year growth of 0%. Since 2000, demand has decreased by 5.8% annually. In 2021, Belgium ranked 18th, with Sweden taking the lead at €1.1 billion. Italy, France and Germany respectively ranked second, third and fourth. The number of Belgian accommodation establishments is expected to reach 167,580 bedplaces by 2026, up from 156,120 bedplaces in 2021. This would represent an average year-on-year growth of 0.6%. Since 1995, supply has increased 0.6% annually. In 2021, Belgium ranked 13th, with the Czech Republic taking the lead at 156,120 bedplaces. France, Spain and Germany respectively came in second, third and fourth.
Belgium Hospitality Market Data and Forecasts
How much will Belgium Hospitality Market grow to 2026?
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