In 2023, the production value of accommodation services in Switzerland stood at 9.01 billion Euros. In 2024, it is forecasted to reach 9.21 billion Euros, indicating a year-on-year growth of 2.22%. The forecast continues to show consistent growth, with 2025 at 9.41 billion Euros (2.17% increase), 2026 at 9.61 billion Euros (2.12% increase), 2027 at 9.8 billion Euros (1.98% increase), and 2028 at 10.0 billion Euros (2.04% increase). Over the five-year period from 2023 to 2028, the Compound Annual Growth Rate (CAGR) is projected to be approximately 2.11%, indicating a steady upward trend in the production value of accommodation services.
Future trends to watch for include:
- The potential impact of changing tourism patterns and preferences, particularly in post-pandemic contexts.
- Developments in digital transformation and smart tourism solutions that may enhance service quality.
- Economic factors such as inflation rates, exchange rates, and GDP growth, which could influence spending power of tourists.
