Forecast: Foreign Tourists Arrivals at Hotels in the Netherlands

Based on the historical data, foreign tourist arrivals at hotels in the Netherlands experienced a steady increase from 2013 to 2019. The year-on-year variations show a consistent growth trend, with a notable peak in 2017, followed by a smaller increase in subsequent years. The years 2020 and 2021 saw significant drops due to the global pandemic, with a rebound beginning in 2022. However, the arrivals slightly declined again in 2023. As of 2023, the value stood at 10.046 million arrivals.

The forecasted data from 2024 to 2028 suggest a gradual recovery and growth in tourist arrivals. The compounded annual growth rate (CAGR) for the forecast period is 2.28%, indicating a more modest but steady increase compared to the pre-pandemic growth rates. By 2028, an 11.92% overall growth is expected from the 2023 levels.

Future trends to watch for:

• Impact of global economic conditions on tourism spending and travel behavior
• Changes in travel regulations and health measures
• Development of new tourist attractions and marketing campaigns
• Technological advancements in the travel and hospitality industry