The 2023 data shows France leading the European accommodation landscape, closely followed by Italy. Germany, despite being one of the largest economies, has fewer enterprises in this sector than France and Italy. Spain, Greece, and Portugal are prominent in Southern Europe, showing their tourism-driven economies. Poland and the UK are key players in Central and Northern Europe. Notable growth rates are observed in Malta, Lithuania, Slovenia, and Hungary, indicating burgeoning development in these regions. Conversely, Switzerland and Iceland have seen declines.
Future trends to watch include:
- Continued growth in Eastern European countries such as Slovenia and Lithuania.
- A potential recovery in Switzerland and Iceland.
- Shifts in the industry due to economic impacts and evolving tourism trends across Europe.
Top countries in Number of Enterprises of Accommodation Services by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 57,930 | 2023 | +1.35% | +2.44% | View data |
| 2 | 2 Italy | 55,640 | 2023 | +1.23% | +0.71% | View data |
| 3 | 3 Germany | 43,720 | 2023 | -1.16% | -1.25% | View data |
| 4 | 4 Spain | 30,200 | 2023 | +1.93% | +2.29% | View data |
| 5 | 5 Greece | 29,610 | 2023 | +1.58% | +0.63% | View data |
| 6 | 6 Portugal | 28,340 | 2023 | -10.5% | -5.4% | View data |
| 7 | 7 Poland | 18,820 | 2023 | +1.31% | +2.67% | View data |
| 8 | 8 United Kingdom | 18,760 | 2023 | +1.06% | +0.9% | View data |
| 9 | 9 Austria | 16,090 | 2023 | +0.53% | -0.21% | View data |
| 10 | 10 Czech Republic | 12,900 | 2023 | +4.07% | +4.81% | View data |