Key Market Indicators
Revenue from Estonian accommodation services is projected to reach €243 million by 2026, down 0.3% annually on average from the 2021 figure of €202 million. Since 2010, the market has decreased by 7% year-on-year. In 2021, Estonia was ranked 30th, with Luxembourg overtaking with €202 million. France, the UK and Spain placed 2nd, 3rd and 4th respectively. Estonian accommodation expenditure is set to reach €189 million by 2026, up 0.1% year-on-year CAGR from €145 million in 2021. Since 2000, demand has decreased by 8.1% year-on-year. In 2021, Estonia was ranked 31st, with Latvia ahead at €145 million. Italy, France and Germany placed 2nd, 3rd and 4th respectively. The number of Estonian accommodation establishments is expected to reach 26,550 bedplaces by 2026, growing 1.3% year-on-year CAGR from 23,430 bedplaces in 2021. Since 2007, supply has decreased by 2.8% year-on-year. In 2021, Estonia was ranked 26th, with Finland ahead at 23,430 bedplaces. France, Spain and Germany placed 2nd, 3rd and 4th respectively.