Sweden's internal tourism consumption of accommodation services has shown a general upward trend from 2013 to 2019, with an annual growth rate varying between 0.88% to 14.5%. There was a significant dip in 2020, with a year-on-year decrease of 23.66% due to the COVID-19 pandemic. Recovery commenced in 2021, with a notable increase of 26.97% and continued modest growth in 2022. In 2023, the value stood at 70.48 billion SEK, an 8.32% increase from the prior year. Over the past five years, the Compound Annual Growth Rate (CAGR) is 1.73%, indicating moderate recovery and growth.
Future trends to watch for:
- Continued recovery and growth in tourism as pandemic impacts wane
- Increased focus on sustainable and eco-friendly tourism accommodations
- Growth in digital nomad and remote work-friendly accommodation services
- Rising influence of technology and digital solutions in enhancing visitor experiences
