The European hotel industry shows diverse trends across different countries. In 2023, Germany led with the highest number of hotel enterprises, while incremental growth was notable in the Czech Republic and Ireland. Germany and Austria saw a decline, while France and Spain experienced modest growth. Noteworthy is Slovenia’s significant increase in hotel enterprise numbers, reflecting keen market dynamics.
Looking ahead, trends to watch include potential growth driven by tourism recovery and digital transformation. Political stability and economic conditions in the broader EU area will significantly influence investment and expansion strategies within the hotel industry across European countries.
Top countries in Number of Enterprises of Hotels by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,440 | 2023 | -4.12% | -3.82% | View data |
| 2 | 2 France | 22,270 | 2023 | +1.75% | +1.03% | View data |
| 3 | 3 Italy | 21,430 | 2023 | -1.12% | -1.1% | View data |
| 4 | 4 Spain | 12,350 | 2023 | +0.43% | +1.11% | View data |
| 5 | 5 Austria | 10,300 | 2023 | -1.8% | -2.18% | View data |
| 6 | 6 United Kingdom | 9,860 | 2023 | +0.1% | -0.045% | View data |
| 7 | 7 Greece | 8,180 | 2023 | +0.37% | +0.4% | View data |
| 8 | 8 Netherlands | 6,550 | 2023 | +5.05% | +5.7% | View data |
| 9 | 9 Poland | 6,450 | 2023 | +4.95% | +4.31% | View data |
| 10 | 10 Czech Republic | 5,560 | 2023 | +7.54% | +10.18% | View data |
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