The data on tourist accommodations in Denmark from 2013 to 2023 reveals a strong growth trajectory, excluding the dramatic decline in 2020 due to the pandemic. The number of nights spent increased from 28.501 million in 2013 to 36.039 million in 2023. Significant growth was observed from 2014 to 2019, with consistent annual increases averaging between 3-4%. The pandemic year of 2020 saw a sharp drop of 43.58%, but rebounded strongly in 2021 with a 63.01% increase, and further increased by 12.65% in 2022. The growth slowed to 1.34% in 2023.
The forecast data from 2024 to 2028 suggests a steady growth, albeit at a slower pace, with a 5-year CAGR of 1.08% expected. By 2028, the number of nights is projected to rise to 38.315 million, marking a 5.52% growth from 2023.
Future trends to watch for include potential impacts of global economic conditions, evolving travel behaviors post-pandemic, and the influence of sustainability initiatives in tourism. Monitoring these factors will be crucial for forecasting and strategizing within the tourism sector.