The historical data from 2013 to 2023 shows fluctuations in tourist arrivals at hotels in Belgium. The number of arrivals peaked in 2019 at 11.754 million, before plummeting due to the COVID-19 pandemic in 2020 and 2021. The recovery started in 2022 with a significant increase, followed by a decline in 2023, standing at 9.5436 million. This mix of sharp drops and rebounds reflects sensitivities to global disruptions and recovery patterns.
Key annual variations include:
- 2013: +2.25%
- 2016: -8.02%
- 2020: -63.06%
- 2021: +45.28%
- 2022: +71.28%
- 2023: -11.68%
The 5-year CAGR leading up to 2028 is forecasted at 1.56%, reflecting more stabilized growth prospects post-recovery, with an overall growth rate of 8.04% by 2028. Key future trends to watch include the impact of economic climates, travel restrictions, and emerging tourism sectors such as sustainable and digital nomad tourism that could influence Belgian hotel arrivals.