Forecast: Foreign Tourists Arrivals at Tourist Accommodations in Belgium

Foreign tourist arrivals at tourist accommodations in Belgium experienced varied trends from 2013 to 2023, standing at 7.1413 million in 2023. This represents a year-on-year decrease of 13.12% from 2022. The early period up to 2015 saw consistent growth, but 2016 had a significant downturn of 10.45%, followed by recovery. The pandemic in 2020 caused a dramatic drop of 72.34%, which somewhat rebounded in subsequent years. The year 2022 marked substantial recovery but was followed by a decline in 2023. The 5-year CAGR from 2024-2028 forecasts a decline of approximately 0.79%, indicating a gradual reduction in tourist arrivals.

Future trends to watch for include the impact of global economic conditions, shifts in travel preferences towards sustainable tourism, and changes in Belgium’s tourism policies. Monitoring these factors will be crucial to anticipate and adapt to potential fluctuations in tourist arrivals.