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Hospitality Market Outlook 2022 - 2026

Daily Updated Industry Statistics and Top Emerging Trends about the Hospitality Industry

European Hospitality Trends in 2022

Hospitality is part of Tourism and includes a number of sub-sectors such as Hotel and Camping. You may also be interested in Cultural Attraction.

European Accommodation Services Revenue is set to reach €231,460 Million by 2026 from €210,250 Million in 2021, growing 1% year on year average rate. Since 2016, European market increased 1.3% year on year. In 2021, Germany came in number 1 in Accommodation Services Revenue with €22,440 Million. France, the United Kingdom and Spain respectively came in numbers 2, 3 and 4 in this ranking. Bosnia and Herzegovina was up 3.7% year on year, while Cyprus decreased by 13.6% year on year since 2016.

European Accommodation Expenditure is set to reach €120,000 Million by 2026 from €107,150 Million in 2021, falling by 0.3% year on year on average. Since 2016, European demand fell by 4.7% year on year. With €27,190 Million in 2021, the United Kingdom ranked number 1 in European. Italy, France and Germany respectively were numbers 2, 3 and 4 in this ranking. Macedonia grew 6% year on year, while Cyprus fell by 14.6% year on year since 2016.

Top 10 countries

In 2022 major markets in the Hospitality Industry were:

Hospitality Market Data and Forecasts

How much the Hospitality industry is expected to grow to 2026?

Forecast: Turnover of Accommodation Services in Iceland
Forecast: Turnover of Accommodation Services in Italy
Forecast: Turnover of Accommodation Services in Poland
Forecast: Turnover of Accommodation Services in Belgium
Forecast: Turnover of Accommodation Services in Finland
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