The production value of accommodation services in the Netherlands has shown a general upward trend from 2013 to 2023, increasing from 5.38 billion Euros to 10.21 billion Euros. Significant year-on-year variations include a notable increase of 29.66% in 2021 following a sharp decline of 30.8% in 2020 due to the pandemic. The average annual growth rate (CAGR) over the past five years (2018-2023) stands at 3.98%. Moving forward, forecast data suggest continued growth, reaching 12.54 billion Euros by 2028 with a forecasted 5-year CAGR of 3.22%.
Future trends to watch for include the impact of potential economic fluctuations, changing travel behaviors post-pandemic, and the increasing adoption of digital services and sustainability practices within the accommodation sector. These factors could influence growth patterns and demand over the coming years.
