Key Market Indicators
Macedonian hotel occupancy rate has dropped to nearly 35% in September 2021, down from 55.9% in August 2021. The decrease is compared to the same period last year. Macedonian hotel room supply is expected to reach 11,690 bedrooms by 2026, up from 10,140 in 2021, with an average annual growth rate of 1.7%. Since 1995, the country's supply has grown an average of 2.6% year-on-year. In 2021, Macedonia ranked 33rd in the world, with Latvia ahead at 10,140 bedrooms. The United Kingdom, Germany and Spain ranked second, third and fourth, respectively.