The turnover of short-stay accommodations in Sweden has experienced varying trends over the past decade. From 2013 to 2016, there was notable growth, reaching a peak in 2016 with a significant 22.38% year-on-year increase. This was followed by volatility, with a pronounced dip of 15.28% in 2017 and a decline continuing through 2020, aggravated by the pandemic's impact. The market rebounded with a 26.1% increase in 2021, followed by a steady rise, reaching 282.2 million Euros in 2023—a 3.75% year-on-year increase.
Looking forward, forecasts predict modest growth. From 2024 to 2028, the compound annual growth rate (CAGR) is expected to be 0.28%, reflecting stability with a slight upward trend. The market is forecasted to grow by 1.41% over the next five years.
Future trends to watch for:
- Impact of global economic conditions on travel and accommodation demand.
- Shifts in consumer travel behavior post-pandemic, including preferences for short stays and novel accommodation types.
- Technological advancements in booking and accommodation services driving efficiency and customer experience.
- Regulatory changes in the short-stay accommodation sector.
