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Romania Hospitality Industry Outlook 2024 - 2028

See how Romania Hospitality performed compared to key markets such as the United Kingdom, Italy and France.

Key Market Indicators

Romanian Accommodation Expenditure is projected to reach €1.65 billion by 2028, up from €1.47 billion in 2023. This marks a 1.9% annual compound growth rate (CAGR). Since 2000, Romanian demand has declined by 1.6% annually. In 2023, Romania ranked 17th, with Belgium surpassing it at €1.47 billion. Italy, France, and Germany occupied the 2nd, 3rd, and 4th positions, respectively. The number of Romanian accommodation establishments is expected to increase to 136,930 bedplaces by 2028, compared to 118,870 in 2023, reflecting a 2.2% annual growth rate. Since 1995, the supply in Romania has risen by 1.5% annually. In 2023, Romania was 15th, with Hungary overtaking it with 118,870 bedplaces. Spain, France, and Germany held the 2nd, 3rd, and 4th spots in this ranking. Revenue from Romanian accommodation services is forecasted to reach €2.46 billion by 2028, up from €2.05 billion in 2023, growing at an annual rate of 2.8%. Since 2010, the Romanian market has expanded by 6.8% annually. In 2023, Romania ranked 20th, with Hungary ahead at €2.05 billion. Spain, France, and the United Kingdom were ranked 2nd, 3rd, and 4th, respectively.

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Romania Hospitality Market Data and Forecasts