Key Market Indicators
Expenditure on accommodation in the UK is projected to reach £30 billion by 2026, up 1.2% year-on-year from 2021's £27.2 billion. Since 2000, demand has declined by 0.7% year-on-year. Italy, France, and Germany ranked second, third, and fourth respectively. Accommodation services revenue in the UK is set to reach £28 billion by 2026, up 0.4% from 2021's £26.5 billion. Since 2010, the market has decreased by 1.7% year-on-year. The UK ranked first in 2021, with France overtaking it at £26.5 billion. France, the UK, and Spain were second, third, and fourth respectively. The number of accommodation establishments in the UK is expected to reach 625,290 bedplaces by 2026, a 0.4% growth year-on-year from 2021's 590,880 bedplaces. Since 1995, supply has decreased by 0.7% year-on-year. The UK ranked sixth in 2021, with Croatia coming ahead with 590,880 bedplaces. France, Spain, and Germany ranked second, third, and fourth respectively.
The United Kingdom Hospitality Market Data and Forecasts
How much will the United Kingdom Hospitality Market grow to 2026?
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