Key Market Indicators
Dane Accommodation Expenditure is projected to reach €1.5 billion by 2028, up from €1.4 billion in 2023. This marks an average annual growth rate of 1.5%. Since 1980, the demand for accommodation in Denmark has declined by an average of 0.6% annually. In 2023, Denmark ranked 18th in accommodation expenditure, with Romania slightly ahead at €1.4 billion. Leading the rankings were Italy, France, and Germany, occupying the second, third, and fourth positions respectively. Meanwhile, Dane Accommodation Services Revenue is set to climb to approximately €2.95 billion by 2028, up from €2.69 billion in 2023. This represents a compound annual growth rate (CAGR) of 1.5%. Since 2010, the market for accommodation services in Denmark has experienced an annual growth of 2.3%. In 2023, Denmark ranked 17th in this category, with Croatia just ahead at €2.69 billion. Spain, France, and the United Kingdom held the second, third, and fourth spots respectively. The number of Dane Accommodation Establishments is expected to decrease slightly to 60,030 bedplaces by 2028, from 60,160 bedplaces in 2023, showing a negligible annual decline. Since 2000, the supply of bedplaces in Denmark has grown by an average of 0.6% annually. In 2023, Denmark was ranked 20th in the number of accommodation establishments, with Slovakia surpassing it at 60,160 bedplaces. Spain, France, and Germany took the second, third, and fourth positions respectively in this ranking.
