Denmark's internal tourism consumption of accommodation services for visitors has shown fluctuations over the years, with figures ranging from DKK 13.11 billion in 2013 to DKK 17.6 billion in 2023. The year-on-year percentage changes indicate volatility, with notable declines in 2017 and 2020, the latter significantly impacted by the COVID-19 pandemic. The most recent actual data for 2023 shows a 10.22% increase from 2022, standing at DKK 17.6 billion.
Forecasts from 2024 to 2028 suggest a positive but modest growth trend, with the internal tourism consumption expected to reach DKK 19.06 billion by 2028. The five-year CAGR from 2023 to 2028 is projected at 1.26%, indicating steady growth.
Future Trends to Watch For:
- Recovery and growth trends post-COVID-19 as international travel restrictions ease.
- Potential impacts of digital transformation and sustainability trends on the hospitality sector.
- Emerging trends in consumer behaviors, including demand for experiential and eco-tourism.
- Government policies and initiatives aimed at boosting domestic tourism.