In 2023, household expenditure on accommodation services in Finland stood at a value of 634.2 million Euros. The forecasted figures for subsequent years show a steady increase: 643.8 million Euros in 2024, 653.5 million Euros in 2025, 663.1 million Euros in 2026, 672.6 million Euros in 2027, and 682.0 million Euros in 2028. The year-on-year variations show a consistent growth pattern: 1.51% from 2023 to 2024, 1.51% from 2024 to 2025, 1.47% from 2025 to 2026, 1.43% from 2026 to 2027, and 1.40% from 2027 to 2028. The cumulative average growth rate (CAGR) over this period is around 1.46%.
Future trends to watch for in this sector include the potential impact of economic fluctuations, changes in household income levels, and evolving consumer preferences towards accommodation services. Additionally, technological advancements and sustainability trends may significantly affect expenditure patterns in the coming years.
