The European Turnover of Short-Stay Accommodations in 2024 shows France leading with €23.99 million, followed by Italy (€17.83 million) and Spain (€11.8 million). Germany and the UK have significant shares as well, with €11.19 million and €9.65 million, respectively. Smaller markets like Slovakia and Iceland represent less significant but growing shares.
Year-on-year variations from 2023 indicate notable growth in Romania (16%), Portugal (11.68%), and Poland (10.89%). Countries like Switzerland and Denmark observed declines. The 5-year CAGR highlights consistent upward trends, particularly in emerging markets like Slovenia and Malta.
Future trends to watch include the impact of increasing digital nomadism and remote work, which could boost growth in Southern and Eastern Europe, and the sustainability trend driving eco-friendly accommodation preferences. Further, investments in technology and experiences are expected to be key drivers in this sector's evolution.
Top countries in Turnover of Short-Stay Accommodations Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 23.99 | 2023 | +10.48% | +3.33% | View data |
| 2 | 2 Italy | 17.83 | 2023 | +12.18% | +2.69% | View data |
| 3 | 3 Spain | 11.8 | 2023 | +16.97% | +5.88% | View data |
| 4 | 4 Germany | 11.19 | 2023 | +9.84% | +4.08% | View data |
| 5 | 5 United Kingdom | 9.65 | 2023 | +1.78% | +2.34% | View data |
| 6 | 6 Portugal | 5.5 | 2023 | +20.85% | +11.68% | View data |
| 7 | 7 Poland | 5.23 | 2023 | +15.98% | +10.89% | View data |
| 8 | 8 Greece | 4.18 | 2023 | +23.03% | +8.22% | View data |
| 9 | 9 Belgium | 1.65 | 2023 | +4.04% | +0.87% | View data |
| 10 | 10 Sweden | 0.95 | 2023 | +3.75% | +1.05% | View data |
