Italy leads in the number of short-stay accommodation establishments in Europe, followed by Croatia and Spain. The sector in Italy and Austria shows stable growth, while Portugal and Slovenia are experiencing significant increases. Conversely, Switzerland and Greece are facing declines. Notable year-on-year growth is seen in Portugal and Malta, with Romania and Lithuania also exhibiting positive trends. Moreover, Hungary, Poland, and Estonia have shown reductions in establishments.
Future trends suggest a growing preference for short-stay accommodations in Southern Europe, especially in Portugal and Spain. Sustainable tourism practices and digital booking transformations will likely shape developments in the European hospitality landscape.
Top countries in Number of Short-Stay Accommodations Establishments by Country
| # | 10 Countries | Units (Establishments) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 194,260 | 2023 | +2.29% | +1.43% | View data |
| 2 | 2 Croatia | 113,060 | 2023 | +4.16% | +1.24% | View data |
| 3 | 3 Spain | 33,580 | 2023 | -4.35% | +1.95% | View data |
| 4 | 4 Switzerland | 28,630 | 2023 | -5.1% | -3.32% | View data |
| 5 | 5 Greece | 19,920 | 2023 | +2.21% | -6.56% | View data |
| 6 | 6 Germany | 15,160 | 2023 | +1.04% | +0.8% | View data |
| 7 | 7 Austria | 10,220 | 2023 | -14.75% | +2.83% | View data |
| 8 | 8 Slovenia | 8,890 | 2023 | +7.17% | +10.5% | View data |
| 9 | 9 Belgium | 8,570 | 2023 | +0.7% | +3.21% | View data |
| 10 | 10 Portugal | 5,740 | 2023 | +8.94% | +11.64% | View data |
