In 2023, internal tourism expenditure on accommodation services for visitors in Norway stood at 22.05 billion Norwegian Krones. Forecasted data indicate an increasing trend, with expenditure expected to reach 22.61 billion in 2024, 23.18 billion in 2025, 23.74 billion in 2026, 24.29 billion in 2027, and 24.83 billion in 2028. The year-on-year variation is approximately as follows:
• 2023 to 2024: +2.54%
• 2024 to 2025: +2.52%
• 2025 to 2026: +2.41%
• 2026 to 2027: +2.32%
• 2027 to 2028: +2.22%
Over the last two years, the expenditure grew by 2.53% annually on average. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 2.40%.
Future trends to watch for include increased digitalization of booking services, a growing preference for sustainable tourism accommodations, and shifts in domestic travel patterns influenced by economic factors and changing consumer preferences.
