In 2023, Italy led the European short-stay accommodations market, holding a significant 22.87% share of bedplaces. Spain and France followed with shares of 11.98% and 11.31%, respectively. Other notable countries included Germany (9.93%) and Croatia (8.62%). Year-on-year, most countries showed marginal fluctuations, with notable increases in Portugal (8.72%) and Malta (7.69%). Conversely, Greece saw a significant decline of 6.82%. Over the last five years, there have been both expansions and contractions, reflecting economic and tourism sector dynamics.
Future trends to watch include potential growth acceleration in Southern European countries like Portugal, which may attract more tourists seeking favorable climates. Monitoring economic conditions, hospitality investments, and sustainability in the tourism industry will be crucial for predicting upcoming shifts in the European market share of short-stay bedplaces.
Top countries in Number of Short-Stay Accommodations Bedplaces Share by Country (Units (Bedplaces))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22.87 | 2023 | +2.05% | +1.96% | View data |
| 2 | 2 Spain | 11.98 | 2023 | +0.84% | +2.2% | View data |
| 3 | 3 France | 11.31 | 2023 | -1.8% | -1.13% | View data |
| 4 | 4 Germany | 9.93 | 2023 | +1.58% | +2.12% | View data |
| 5 | 5 Croatia | 8.62 | 2023 | +2.71% | +0.64% | View data |
| 6 | 6 Netherlands | 4.9 | 2023 | +1.59% | +1.84% | View data |
| 7 | 7 Poland | 4.4 | 2023 | -0.52% | -2.04% | View data |
| 8 | 8 Greece | 3.75 | 2023 | +4.43% | -6.82% | View data |
| 9 | 9 Austria | 3.12 | 2023 | +0.9% | +3.22% | View data |
| 10 | 10 Switzerland | 2.84 | 2023 | -4.22% | -2.89% | View data |
