Key Market Indicators
Revenue from Irish accommodation services is expected to reach €3.43 billion by 2026, up from €3.01 billion in 2021. This is a slight decrease of 0.2% year-on-year. Since 2010, the Irish market has decreased by 4.5% year-on-year. In 2021, Ireland ranked 13th, with Poland overtaking it at €3.01 billion. France, the UK and Spain respectively took the top three spots. Expenditure on accommodation in Ireland is set to reach €1.54 billion by 2026, up from €1.16 billion in 2021. This is a slight decrease of 0.1% year-on-year. Since 2000, demand has decreased by 8.9% year-on-year. In 2021, Ireland ranked 16th, with Belgium overtaking it at €1.16 billion. Italy, France and Germany respectively came in at numbers two, three and four. The number of Irish accommodation establishments is expected to reach 12,870 bedplaces by 2026, down from 16,360 bedplaces in 2021. This is a decrease of 4.5% year-on-year on average. Since 2000, the supply has fallen by 8.9% year-on-year. In 2021, Ireland ranked 28th, with Latvia coming ahead with 16,360 bedplaces. France, Spain and Germany respectively took the top three spots.
Ireland Hospitality Market Data and Forecasts
How much will Ireland Hospitality Market grow to 2026?
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