Forecast: Bed Places Number in Collective Tourist Accommodation Establishments in Jordan

The analysis of the forecasted bed places in collective tourist accommodation establishments in Jordan shows a steady upward trend from 2013 to 2023, with the value standing at 60.4 thousand units in 2023. Year-on-year growth rates have varied, with notable increases in 2013 (6.38%) and 2017 (3.7%). However, recent years have seen more modest growth, with 1.34% in 2023. The compound annual growth rate (CAGR) over the past five years is approximately 1.52%.

Looking forward, the forecast indicates a continued, albeit slower, growth rate with a five-year CAGR of 0.96% and an overall growth rate of 4.9% by 2028, reaching an estimated 64.2 thousand units. This slower growth reflects a maturing market.

Future trends to watch for include:

  • Impact of global travel recovery post-pandemic.
  • Expansion of tourism infrastructure and services in Jordan.
  • Potential for increased investments in luxury and unique accommodation offerings.
  • Shifts in tourist preferences towards sustainable and experiential travel.

Top Countries about Lodging