The turnover of short-stay accommodations in Switzerland is forecasted to increase from 280.8 million Euros in 2024 to 303.0 million Euros in 2028. In 2023, the turnover stood at 275.3 million Euros. The year-on-year variation shows a consistent growth trajectory, with turnover expected to grow by approximately 2% annually. This results in a Compound Annual Growth Rate (CAGR) of around 2% over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Increasing demand for eco-friendly and sustainable accommodations.
- Rising popularity of remote working and extended stay options.
- Growth in short-term rental platforms and peer-to-peer services.
- Potential impacts of economic fluctuations and global tourism trends on short-stay accommodation turnover.
