In 2023, the number of tourism bedplaces in Denmark stood at 107.54 thousand. Over the last decade, the data shows significant fluctuations, with a major dip of -44.52% in 2020, likely due to the COVID-19 pandemic. However, the industry rebounded quickly with a 62.72% increase in 2021. The data from 2018 onward shows a general upward trend, with year-on-year growth rates ranging from 1.17% to 12.46%. Over the last two years, the growth rate has been relatively stable at around 1.17%, contributing to a five-year compound annual growth rate (CAGR) of 1.95%.
Future trends to watch include a steady growth forecast over the next five years, with an expected CAGR of 0.96%. This indicates a moderate but consistent increase in the number of tourism bedplaces, aiming for a total of 113.42 thousand by 2028. Stakeholders should monitor economic factors, as they could influence both inbound and domestic tourism, potentially impacting bedplace capacity and utilization rates.