In 2023, Germany remained the leader in global accommodation enterprises, though it saw a slight decline. Russia and Chile showed robust growth, with Russia increasing by 3.5% and Chile by 4.75%. France, Austria, and Romania exhibited modest growth, while Bulgaria and Kazakhstan posted increases of over 3%. Sweden, Iceland, and Lithuania recorded marginal growth as well. Croatia and Denmark remain smaller markets with relatively stable growth.
Looking ahead, watch for potential growth in Eastern European markets like Bulgaria and Romania. Emerging markets such as Chile may see further expansion, and technological advancements in accommodation services can spur growth across all regions.
Top countries in Accommodation Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29,060 | 2023 | -1.63% | -1.74% | View data |
| 2 | 2 Russia | 25,300 | 2023 | +3.9% | +3.5% | View data |
| 3 | 3 France | 22,390 | 2023 | +1.15% | +1.05% | View data |
| 4 | 4 Austria | 17,200 | 2023 | +0.69% | +0.74% | View data |
| 5 | 5 Romania | 8,510 | 2023 | +1.54% | +1.41% | View data |
| 6 | 6 Chile | 5,580 | 2023 | +3.3% | +4.75% | View data |
| 7 | 7 Bulgaria | 5,200 | 2023 | +2.89% | +3.19% | View data |
| 8 | 8 Slovenia | 3,980 | 2023 | +5.59% | +1.27% | View data |
| 9 | 9 Kazakhstan | 3,190 | 2023 | +3.14% | +3.68% | View data |
| 10 | 10 Sweden | 2,190 | 2023 | +0.74% | +1.28% | View data |
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