In 2023, the production value of accommodation services in Finland stood at 1.58 billion Euros. Forecasts for 2024 indicate a 1.27% increase to 1.6 billion Euros, with a steady year-on-year growth of about 1.25% anticipated through to 2028. By 2028, the value is expected to reach 1.68 billion Euros. Over the last two years, the sector has demonstrated an uptick after a stagnant period, and the five-year compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 1.25%.
Future trends to watch for include the rise of sustainable tourism, growth in digital booking platforms, and rising demand for unique, localized experiences. These trends could further fuel growth and diversification in the accommodation services sector in Finland.
