From 2013 to 2023, the turnover of short-stay accommodations in Finland has seen notable fluctuations and growth. After starting at €46.6 million in 2013 and dipping slightly in 2014, the industry experienced several years of robust growth, peaking at €89.7 million in 2019. Despite a minor decline in 2020, the industry's turnover has steadily increased, reaching €100.1 million in 2023, marking a year-on-year increase of 4.16%. Over the past five years, the compound annual growth rate (CAGR) stood at 3.92%.

Looking ahead, from 2024 to 2028, the turnover is projected to grow from €104.0 million to €119.6 million, reflecting a 5-year average CAGR of 2.83% and a total growth rate of 15% for the period.

Future trends to watch for include:

The impact of global travel trends and economic fluctuations on short-stay accommodations.
The influence of digital transformation on booking and customer experience.
Potential growth in domestic tourism as a response to external uncertainties.