Since 2013, domestic tourism expenditure on accommodation services for visitors in Sweden has shown a general upward trend, peaking notably in 2021 after a sharp decline in 2020 due to the pandemic. In 2023, the expenditure stood at 57.26 billion SEK, reflecting an 8.1% year-on-year growth from 2022 and a moderate 1.61% CAGR over the last five years. With an expected CAGR of 2.12% from 2024 to 2028, the forecast indicates steady growth, with an 11.08% overall increase over this period.
Future trends to watch include:
- Potential impacts of economic shifts on disposable incomes and domestic travel affordability.
- The role of government policies in promoting sustainable tourism and local accommodations.
- Technological advancements in booking and accommodation services influencing consumer preferences and spending patterns.
