Key Market Indicators
Luxembourg's tourist arrivals are projected to climb to approximately 1.14 million by 2028, up from around 1.08 million in 2023. This represents an average annual growth rate of 0.9%. This steady increase continues a trend seen since 2000, during which the number of tourist arrivals has grown by an average of 1.1% per year. In terms of tourism revenue, Luxembourg is expected to see significant gains. Tourism receipts are forecasted to reach roughly $4.24 billion by 2028, compared to $3.65 billion in 2023. This marks an average annual growth rate of 2.4%. Since 2007, the Luxembourg tourism market has experienced a robust annual growth rate of 4.9%, underscoring the sector's expanding economic impact.
