Key Market Indicators
Sweden's hotel industry is projected to experience a modest but steady growth in the coming years. The number of available hotel rooms in the country is expected to rise to nearly 148,000 by 2028, up from approximately 138,000 in 2023. This represents an average annual growth rate of 1.1%. Since 1995, the supply of hotel rooms in Sweden has been increasing at an average yearly rate of 1.9%. In 2023, Sweden ranked 13th globally for the number of hotel rooms, with Switzerland surpassing it at the same figure of 138,000 rooms. Germany, Spain, and France occupied the second, third, and fourth positions, respectively. Hotel occupancy levels in Sweden have seen some fluctuation. In September 2021, the occupancy rate stood at 52%, a decline from 56% in August of the same year. This was notably different compared to the previous year's occupancy levels.
Sweden Hotel Innovation Articles
More about Hotel InnovationSweden Hotel Key Players Articles
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Meet Beth Rehman: Pioneering Female Leadership in Scotland’s Hotel Industry
Dec 19th 2024
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Radisson Revolutionizes Hotel Booking with ’Radisson Flights’ in Partnership with Etraveli Group
Sep 23rd 2024
Latest reports
Sweden Hotel Market Report- Q1 2025
In Q1 2025, the Swedish hotel market is characterized by strategic mergers and acquisitions, brand innovations, and a strong focus on sustainability. Key...
Sweden Hotel Market Report- Q4 2024
The Swedish hotel market in the fourth quarter of 2024 is witnessing a dynamic period of transformation, driven by a rebound in international...
