In 2023, the total number of nights spent in hotels and similar establishments in Norway stood at 11.25 million. Based on the forecast data for 2024 to 2028, there is a steady increase observed: 11.361 million nights in 2024, 11.478 million in 2025, 11.595 million in 2026, 11.71 million in 2027, and 11.824 million in 2028.
The year-on-year percentage variation indicates a growth of approximately 1% from 2024 to 2025, and similarly, 1% from 2025 to 2026. This trend continues with a 1% growth from 2026 to 2027 and from 2027 to 2028.
Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) shows an average annual increase of around 1% in the number of nights spent in these accommodations.
Future trends to watch for include the potential influence of tourism campaigns, changes in international travel regulations, and shifts in consumer preferences towards sustainable and eco-friendly accommodation options, which could further impact the number of nights spent in hotels and similar establishments in Norway.