Study - Id54170 - Hotel Market in Europe
Study - Id54170 - Hotel Market in Europe
    01 Overview                                                                               04 Digitalization
    Travel and tourism revenue in Europe 2019-2029, by segment                           03   Preparedness for digital transformation of accommodation businesses in Europe 2023      21
    Hotel market revenue in Europe 2017-2028                                             04   Preparedness for digital transformation in lodging in Europe 2023, by country           22
    Hotel market revenue in Europe 2017-2028, by region                                  05   Important digital transformation topics among accommodation businesses in Europe 2023   23
    Share of hotel market sales in Europe 2017-2028, by channel                          06   Use of AI by accommodation businesses in Europe 2023                                    24
    Real per capita consumer spending on restaurants and hotels in Europe 2014-2029      07   Use of AI by accommodation businesses in Europe 2023, by country                        25
    Change in monthly number of hotel bookings worldwide 2020-2023, by region            08   Change in monthly number of online hotel searches worldwide 2020-2023, by region        26
    HICP inflation rate for hotels and similar accommodation in the EU 2017-2024         09
                                                                                              05 Sustainability
    02 Cities                                                                                 Preparedness for sustainability in accommodation in Europe 2023                         28
    Hotel occupancy rate of European cities 2022                                         11   Preparedness for sustainability in accommodation in Europe 2023, by country             29
    Average daily hotel rates in Europe 2022, by city                                    12   Interest in accommodation with high sustainability standard globally 2023, by country   30
    Number of hotels in Barcelona 1990-2023                                              13
    Number of hotels in Paris 2019-2023, by rating                                       14   06 Alpine regions
    Number of hotels in Rome 2019-2023, by rating                                        15   Hotels and hotel beds in selected Alpine regions in Europe 2022                         32
                                                                                              Hotel overnight stays in Alpine regions in Europe 2022, by season                       33
    03 Construction pipeline                                                                  Change in hotel overnight stays in selected Alpine regions in Europe 2019-2022          34
    Number of hotels and rooms in the construction pipeline in Europe Q3 2023            17
    Construction costs of hotel buildings in select European cities 2024, by type        18
    Countries with the largest amount of hotel rooms in the construction pipeline 2024   19
1
CHAPTER 01
Overview
    Revenue of the travel and tourism market in Europe from 2019 to 2029, by
    segment (in billion U.S. dollars)
    Travel and tourism revenue in Europe 2019-2029, by segment
                                    350
      Revenue in billion U.S. dollars
300
250
200
150
100
50
                                         0
                                             2019         2020                      2021                      2022                       2023                      2024                      2025                       2026                      2027                       2028   2029
3    Description: Over the last two observations, the revenue is forecast to significantly increase in all segments. As part of the positive trend, the revenue achieves the maximum value across all five different segments by the end of the comparison period. Notably, the
     segment Package Holidays stands out with the highest value of 151.92 billion U.S. dollars. Read more
     Note(s): Europe; 2019 to 2029
     Source(s): Statista; Statista Mobility Market Insights
    Revenue of the hotel market in Europe from 2017 to 2023, with a forecast
    until 2028 (in billion U.S. dollars)
    Hotel market revenue in Europe 2017-2028
140
                                                                                                                                                                                                                                                                         119.7   121.6
                                                                                                                                                                                                                          115.6                   117.7
                                    120                                                                                                                                                            113.4
                                                                                                                                                                             111
                                                                            102.3
                                                     99.23                                                                                         98.16
      Revenue in billion U.S. dollars
100 96.21
80
60
                                        40                                                                                  34.39
                                                                                                    26.24
20
                                         0
                                             2017    2018                    2019                   2020                    2021                    2022                   2023                    2024                    2025                   2026                   2027    2028
4    Description: The revenue of the hotel market in Europe saw significant growth in 2023, reaching an estimated 111 billion U.S. dollars. This figure improved greatly over 2020 and 2021, when the European hotel market was hit hard by the coronavirus (COVID-19)
     pandemic. When looking at the forecast revenue of this market, it was predicted to see year-over-year growth from 2024 onwards. Read more
     Note(s): Europe; 2017 to 2023
     Source(s): Statista; Statista Mobility Market Insights
    Revenue of the hotel market in Europe from 2017 to 2023, with a forecast
    until 2028, by region (in billion U.S. dollars)
    Hotel market revenue in Europe 2017-2028, by region
                                                                               Central & Western Europe                               Southern Europe                      Northern Europe                       Eastern Europe
                                    140
                                    120
      Revenue in billion U.S. dollars
100
80
60
40
20
                                         0
                                             2017    2018                    2019                    2020                   2021                    2022                    2023                   2024                    2025                    2026                   2027   2028
5    Description: Central & Western Europe was the European region with the highest revenue in the hotel market in 2023, generating just over 68 billion U.S. dollars. The region with the second-highest revenue that year was Southern Europe. Revenue across all regions
     was forecast to see year-over-year growth up to 2028. Read more
     Note(s): Europe; 2017 to 2023
     Source(s): Statista; Statista Mobility Market Insights
    Sales distribution of the hotel market in Europe from 2017 to 2023, with a
    forecast until 2028, by channel
    Share of hotel market sales in Europe 2017-2028, by channel
                                                                                                                                               Online             Offline
                   120%
                   100%
                                                                                                                                                                                                                             18%                     17%                    15%    14%
                                                                                                                               25%                     23%                    22%                     20%
                                 30%                     29%                    28%                     26%
                       80%
      Share of sales
60%
20%
                       0%
                                 2017                   2018                    2019                   2020                    2021                   2022                    2023                   2024                    2025                   2026                    2027   2028
6    Description: In 2023, the majority of hotel market sales in Europe were made online, at an estimated 78 percent. The share of European online hotel sales has seen steady growth since 2017, and this year-over-year growth is forecast to continue until 2028. Read more
     Note(s): Europe; 2017 to 2023
     Source(s): Statista; Statista Mobility Market Insights
    Real per capita consumer spending on restaurants and hotels in Europe
    from 2014 to 2029 (in U.S. dollars)
    Real per capita consumer spending on restaurants and hotels in Europe 2014-2029
1,400
                                        1,200
      Per capita spending in U.S. dollars
1,000
800
600
400
200
                                              0
                                                  2014   2015    2016              2017             2018              2019              2020             2021              2022              2023             2024              2025              2026             2027     2028   2029
7    Description: The real per capita consumer spending on restaurants and hotels in Europe was forecast to increase between 2024 and 2029 by in total 39 U.S. dollars (+3.37 percent). This overall increase does not happen continuously, notably not in 2028. The real
     restaurants- and hotels-related per capita spending is estimated to amount to 1,194.59 U.S. dollars in 2029. Read more
     Note(s): Europe; 2014 to 2029; all values are estimates
     Source(s): Statista
    Year-over-year monthly change in number of hotel bookings worldwide
    from 2020 to 2023, by region
    Change in monthly number of hotel bookings worldwide 2020-2023, by region
600%
                              500%
      Year-over-year change
400%
300%
200%
100%
0%
-100%
                              -200%
                                                                                                                       Oct 20
Oct 21
Oct 22
                                                                                                                                                                                                                                                                                                                                                                                                                                                           Oct 23
                                               Feb 20
Feb 21
Feb 22
                                                                                                                                                                                                                                                                                                                                                                                   Feb 23
                                                                                                              Sep 20
Dec 20
Sep 21
Dec 21
Sep 22
Dec 22
                                                                                                                                                                                                                                                                                                                                                                                                                                                  Sep 23
                                                                                                                                Nov 20
Nov 21
                                                                                                                                                                                                                                                                                                                                                        Nov 22
                                                                          May 20
May 21
May 22
                                                                                                                                                                                                                                                                                                                                                                                                              May 23
                                                        Mar 20
Mar 21
Mar 22
                                                                                                                                                                                                                                                                                                                                                                                            Mar 23
                                                                                            Jul 20
Jul 21
Jul 22
                                                                                                                                                                                                                                                                                                                                                                                                                                Jul 23
                                      Jan 20
Jun 20
Jan 21
Jun 21
Jan 22
                                                                                                                                                                                                                                                                                                           Jun 22
                                                                 Apr 20
Apr 21
Apr 22
Jan 23
                                                                                                                                                                                                                                                                                                                                                                                                                       Jun 23
                                                                                                                                                                                                                                                                                                                                                                                                     Apr 23
                                                                                                     Aug 20
Aug 21
Aug 22
                                                                                                                                                                                                                                                                                                                                                                                                                                         Aug 23
8    Description: The year-over-year monthly change in the number of hotel bookings worldwide decreased across all regions during March and April 2020. The most extreme decline in number of hotel bookings was seen in Africa in April 2020, at -94 percent. The sharp
     decrease in hotel searches was due to the impact of the coronavirus (COVID-19) pandemic on international travel and the hotel industry. Read more
     Note(s): Worldwide; January 2020 to October 2023
     Source(s): Sojern; World Tourism Organization (UN Tourism)
    Harmonized index of consumer prices (HICP) inflation rate for hotels, motels, inns, and similar
    accommodation establishments in the European Union (EU-27) from December 2017 to September
    2024
    HICP inflation rate for hotels and similar accommodation in the EU 2017-2024
25%
20%
                            15%
      HICP inflation rate
10%
5%
0%
-5%
                            -10%
                      ec 18
ec 19
ec 22
                      ec 23
                       r2 8
r2 9
r 2 20
r2 3
                       r2 4
                       b 7
b 8
b 9
b 2
                       b 3
                      r 2 1¹
                      r 2 2¹
                      b 0¹
                      b 1¹
                       n 8
                       g 18
                       n 9
                       g 19
g 0
g 1
g 22
                       n 3
                       g 23
                       n 4
                       g 24
                      ct 8
ct 9
ct 2
ct 3
                            24
                              ¹
                              ¹
                    Ju 020
Ju 021
                    Ju 022
                     ec 2
                     ec 2
                    Ap 201
Ap 201
Ap 202
                    Ap 202
                    Fe 201
Fe 201
Fe 201
Fe 202
                    Fe 202
                    Ju 01
Ju 01
Ju 02
                    Ju 02
                    O 201
O 201
O 202
O 202
O 202
                    O 202
                   Ap 202
                   Ap 202
                   Fe 202
                   Fe 202
                    D 20
D 20
D t 20
D t 20
D 20
                    D 20
                   Ap 20
                   Au 20
Au 20
Au 20
Au 20
Au 20
Au 20
                   Au 20
                         20
                      ec
                       n
                      c
                      c
                    D
9    Description: In September 2024, the inflation rate for hotels, motels, inns, and similar accommodation establishments in the European Union was 4.8 percent. While September 2024's inflation rate was significantly lower than the peak reported in June 2022, it still
     represented one of the highest figures recorded since December 2017. In contrast, hotels and similar establishments in the EU reported a negative inflation rate of 7.6 percent in September 2020. Read more
     Note(s): EU; December 2017 to September 2024; year-over-year percentage change
     Source(s): Eurostat
CHAPTER 02
Cities
     Occupancy rate of hotels in leading city destinations in Europe in 2022
     Hotel occupancy rate of European cities 2022
                                                                                                                                               Occupancy rate
                            0%                               10%                               20%                               30%                               40%                               50%                          60%                        70%           80%
Barcelona 71.5%
Paris 71.3%
London 71.2%
Rome 67.2%
Madrid 65.6%
Berlin 65.1%
Milan 64.4%
Vienna 63.1%
Amsterdam 62.8%
Zurich 61.2%
Brussels 60.3%
Geneva 58.5%
Munich 58.4%
Prague 57.7%
Frankfurt 51.3%
11    Description: In 2022, Barcelona had the highest occupancy rate of the leading European city destinations at 71.5 percent. Paris and London ranked close behind at 71.3 percent and 71.2 percent, respectively. Read more
      Note(s): Europe; 2022
      Source(s): Office du Tourisme et des Congrès de Paris
     Average daily hotel rates in leading city destinations in Europe in 2022 (in
     euros)
     Average daily hotel rates in Europe 2022, by city
London 198
Rome 190.6
Paris 179.4
Amsterdam 166.9
Milan 160.5
Geneva 158.7
Barcelona 151.2
Munich 133
Brussels 132.9
Zurich 132.5
Madrid 125.5
Vienna 124.2
Berlin 118.6
Frankfurt 115.5
Prague 76.3
12    Description: London had the highest average daily rate (ADR) of the leading European city destiantions in 2022, with an ADR of 198 Euros. This was higher than Rome, Paris, and Amsterdam. London also ranked as the most visited European city tourist destination in
      2022. Read more
      Note(s): Europe; 2022
      Source(s): Office du Tourisme et des Congrès de Paris
     Number of hotel establishments in Barcelona, Spain from 1990 to 2023
     Number of hotels in Barcelona 1990-2023
500
300
250
200 187
                      150
                               118
                                                                                                                                                                                                                                                106
                      100
50
                           0
                               1990          2000              2010             2011              2012              2013             2014              2015              2016             2017              2018              2019             2020     2021   2022   2023
13    Description: The city of Barcelona finished the year 2023 with 440 operating hotel establishments, which shows a complete recovery from the COVID-19 impact. In comparison to the previous year, that figure showed a slight decline. Read more
      Note(s): Spain; registered hotels and hotel apartments as of December 31 of each year
      Source(s): Generalitat de Catalunya (Direcció General de Turisme); Gremio de Hoteles de Barcelona; Turismo de Barcelona
     Number of hotels in Paris, France from 2019 to 2023, by hotel rating
     Number of hotels in Paris 2019-2023, by rating
                      1,600                          89                                                                                                                                                                                                                             106
                                                                                                              95                                                       93                                                      103
                      1,400
                                                    408                                                      426
                                                                                                                                                                      456                                                      475                                                  490
                      1,200
       Number of hotels
1,000
                          400
                                                    174                                                      171
                                                     16                                                                                                               160                                                      148                                                  146
                          200                                                                                 22                                                       23                                                       27                                                   31
                                                    243                                                      201                                                                                                               178
                                                                                                                                                                      165                                                                                                           161
                            0
                                                   2019                                                     2020                                                     2021                                                     2022                                                  2023
14    Description: The number of hotels in Paris, France, experienced an annual increase in 2023. That year, three-star hotels accounted for the highest number of hotels in the city, with 690 such establishments. Overall, there were 1,624 hotels in Paris in 2023. Read more
      Note(s): France; 2019 to 2023
      Source(s): Insee
     Number of hotel establishments in Rome, Italy from 2019 to 2023, by
     rating
     Number of hotels in Rome 2019-2023, by rating
                                                     5-star and 5-star deluxe hotels                                4-star hotels                 3-star hotels                 2-star hotels                1-star hotels                 Tourist residences
                      1,800
                                                                                                              83                                                      83                                                       80                                      79
                      1,600                          83
                                                                                                            174                                                      176                                                      177                                     175
                                                    179
                      1,400
                                                                                                            307                                                      306                                                      302                                     294
                      1,200                         312
       Number of hotels
1,000
600
                          400
                                                    417                                                     428                                                      442                                                      451                                     439
                          200
                            0                        53                                                       53                                                      57                                                       62                                      65
                                                  2019                                                     2020                                                     2021                                                     2022                                     2023
15    Description: How many hotels are there in Rome? In 2023, there were 1,656 such establishments in the Italian capital, most of which were rated as three-star. That year, there were 604 three-star hotels in Rome, as well as 439 four-star hotels. Read more
      Note(s): Italy; 2019 to 2023
      Source(s): Istat
CHAPTER 03
Construction pipeline
     Number of hotels and rooms in the construction pipeline in Europe as of
     the third quarter of 2023
     Number of hotels and rooms in the construction pipeline in Europe Q3 2023
                                                                                                                                            Projects             Rooms
                                      140,000
                                      120,000                                           114,842
       Number of projects and rooms
100,000
                                       80,000                                                                                                                                      71,268
                                                                                                                                                                                                                                                           63,154
                                       60,000
40,000
20,000
17    Description: The number of hotel projects currently under construction in Europe was 759 as of the third quarter of 2023. Meanwhile, the number of hotel rooms scheduled to start construction in the next 12 months amounted to 63,154. Read more
      Note(s): Europe; Q3 2023
      Source(s): Lodging Econometrics
     Average construction costs of hotels in select European cities in 2024, by
     type (in U.S. dollars per square meter)
     Construction costs of hotel buildings in select European cities 2024, by type
                                                            London (United Kingdom)                             Dublin (Ireland)                    Amsterdam (Netherlands)                                Munich (Germany)                         Paris (France)
                                            9,000
                                                                                                                                                                                        8,118
                                            8,000
       Value in U.S. dollars per square meter
                                            7,000
                                                                                                                                                                                                                                                                        5,932
                                            6,000
                                                                                                                                                                                                                                              5,188
                                                                                                                                                                                                                   4,907                                                        4,991
                                            5,000   4,585
                                            4,000                  3,721
                                                                                                                         3,236
                                                                                              2,934                                                2,755
                                            3,000
2,000
1,000
                                                0
                                                                                    3-star travellers                                                                                                                                  5-star luxury
18    Description: Building 5-star hotels in some of the major European cities in 2023 was significantly more expensive than 3-star hotels. Among the cities included here, London was by far the city with the highest hotel construction costs for both types of buildings.
      Meanwhile, Paris had significantly lower construction prices. Read more
      Note(s): 2024; Costs per square meter of internal area.
      Source(s): Turner & Townsend
     Countries with the highest number of hotel rooms in the construction
     pipeline worldwide as of the first quarter of 2024
     Countries with the largest amount of hotel rooms in the construction pipeline 2024
                                               450,000
                                                         414,323
                                               400,000
       Number of hotel rooms in the pipeline
                                                                                                           341,854
                                               350,000
300,000
250,000
200,000
150,000
                                               100,000
                                                                                                                                                                    62,744                                                  61,426
                                                                                                                                                                                                                                                                                46,586
                                                50,000
                                                    0
                                                         China                                        United States                                            Saudi Arabia                                                Vietnam                                              India
19    Description: As of the first quarter of 2024, China had the highest number of hotel rooms in the construction pipeline worldwide. In that period, there were over 414 thousand hotel rooms in construction in the country. This was followed by the United States which
      had nearly 342 thousand hotel rooms in the construction pipeline. Read more
      Note(s): Worldwide; Q1 2024
      Source(s): Lodging Econometrics
CHAPTER 04
Digitalization
     Level of preparedness for digital transformation of accommodation
     businesses in Europe as of May 2023
     Preparedness for digital transformation of accommodation businesses in Europe 2023
70%
                                                                                         61%
                          60%
                          50%
       Share of respondents
40%
30%
20%
                                                                                                                                                                                                                                  10%
                          10%
                              0%
                                                                                   Very good                                                                                                                                 Very poor
21    Description: As of May 2023, the majority of accommodation businesses in Europe reported being well prepared for digital transformation. Only 10 percent of accommodation businesses reported a very poor level of preparedness. Read more
      Note(s): Europe; March 28th to May 15th, 2023; 1,040 executives and managers from the European travel accommodation sector*; * 80 respondents were interviewed from each country and region which included Austria, France, Germany, [...] Read more
      Source(s): Booking.com; Statista
     Level of preparedness for digital transformation of accommodation
     businesses in Europe as of May 2023, by country
     Preparedness for digital transformation in lodging in Europe 2023, by country
50% 48%
40%
30%
                          20%
                                                                                                                                                                      13%                                                           14%                                           13%
                                                                                                                                                                                                                                                                   11%
                          10%                                                                            7%                             8%
                                           6%                                                                                                                                                          5%
                                                                           3%
                              0%
                                    Nordics                        Italy                   Netherlands                      Germany                            Spain                        Austria                         France                       Portugal            Greece
22    Description: As of May 2023, the share of accommodation businesses in Europe that reported being well prepared for digital transformation varied by country. Approximately 58 percent of accommodation businesses in Spain reported being well prepared for digital
      transformation. Comparatively, 13 percent of Spanish respondents said that they were very poorly prepared. Read more
      Note(s): Europe; March 28th to May 15th, 2023; 1,040 executives and managers from the European travel accommodation sector
      Source(s): Booking.com; Statista
     Most important digital transformation topics among accommodation
     businesses in Europe as of May 2023
     Important digital transformation topics among accommodation businesses in Europe 2023
                                                                                                                                     Share of respondents
                                                                              0%                         5%                       10%                        15%                       20%                        25%                       30%                       35%         40%
23    Description: As of May 2023, the most important digital transformation topic in Europe among accommodation businesses was social media marketing, with 36 percent of respondents stating so. The second most important topic was accommodation websites. Read
      more
      Note(s): Europe; March 28th to May 15th, 2023; 1,040 executives and managers from the European travel accommodation sector*; * 80 respondents were interviewed from each country and region which included Austria, France, Germany, [...] Read more
      Source(s): Booking.com; Statista
     Use of artificial intelligence (AI) by accommodation businesses in Europe
     as of August 2023
     Use of AI by accommodation businesses in Europe 2023
                                                                                                                                          Don't know 1%
                                                                                                                                                                                 Yes, we already use AI 11%
24    Description: In an August 2023 survey by Statista on the use of artificial intelligence (AI) in the European accommodation market, roughly seven in ten respondents did not use or planned to use AI. Overall, 11 percent of the sample reported already using AI, whereas
      16 percent did not use it yet but planned to do so in the next six months. Read more
      Note(s): Europe; July 17 to August 29, 2023; 940 respondents; executives and managers of travel accommodation
      Source(s): Booking.com; Statista
     Use of artificial intelligence (AI) by accommodation businesses in Europe
     as of August 2023, by country
     Use of AI by accommodation businesses in Europe 2023, by country
Share of respondents
Yes, we already use AI Not yet, but we plan to use AI in the next six months No, we do not currently use or plan to use AI Don't know
25    Description: In an August 2023 study by Statista, Germany was the European country with the highest share of accommodation businesses that already used artificial intelligence (AI). Overall, two in ten surveyed companies in Germany reported already using AI,
      whereas just four percent in Spain did the same. That said, nearly a quarter of Spanish accommodation businesses planned to use AI over the next six months. Read more
      Note(s): Europe; July 17 to August 29, 2023; 940 respondents; executives and managers of travel accommodation
      Source(s): Booking.com; Statista
     Year-over-year monthly change in number of online hotel searches
     worldwide from 2020 to 2023, by region
     Change in monthly number of online hotel searches worldwide 2020-2023, by region
                               800%
       Year-over-year change
600%
400%
200%
0%
                               -200%
                                                                                                                        Oct 20
Oct 21
Oct 22
                                                                                                                                                                                                                                                                                                                                                                                                                                                            Oct 23
                                                Feb 20
Feb 21
Feb 22
                                                                                                                                                                                                                                                                                                                                                                                    Feb 23
                                                                                                               Sep 20
Dec 20
Sep 21
Dec 21
Sep 22
Dec 22
                                                                                                                                                                                                                                                                                                                                                                                                                                                   Sep 23
                                                                                                                                 Nov 20
Nov 21
                                                                                                                                                                                                                                                                                                                                                         Nov 22
                                                                           May 20
May 21
May 22
                                                                                                                                                                                                                                                                                                                                                                                                               May 23
                                                         Mar 20
Mar 21
Mar 22
                                                                                                                                                                                                                                                                                                                                                                                             Mar 23
                                                                                             Jul 20
Jul 21
Jul 22
                                                                                                                                                                                                                                                                                                                                                                                                                                 Jul 23
                                       Jan 20
Jun 20
                                                                                                                                                                                                Jun 21
                                                                  Apr 20
Jan 21
Jan 22
Jun 22
Jan 23
                                                                                                                                                                                                                                                                                                                                                                                                                        Jun 23
                                                                                                                                                                              Apr 21
Apr 22
                                                                                                                                                                                                                                                                                                                                                                                                      Apr 23
                                                                                                      Aug 20
Aug 21
Aug 22
                                                                                                                                                                                                                                                                                                                                                                                                                                          Aug 23
26    Description: The year-over-year change in the monthly number of online hotel searches worldwide decreased across all regions during March and April 2020. The sharp decrease in hotel searches was due to the impact of the coronavirus (COVID-19) pandemic on
      international travel and the hotel industry. Read more
      Note(s): Worldwide; January 2020 to October 2023
      Source(s): Sojern; World Tourism Organization (UN Tourism)
CHAPTER 05
Sustainability
     Level of preparedness for sustainability and decarbonization challenges in
     accommodation businesses in Europe as of May 2023
     Preparedness for sustainability in accommodation in Europe 2023
                          45%
                                                                                         42%
40%
35%
                          30%
       Share of respondents
25%
                          20%
                                                                                                                                                                                                                                   15%
                          15%
10%
5%
                              0%
                                                                                    Very good                                                                                                                                 Very poor
28    Description: As of May 2023, 42 percent of respondents from accommodation businesses in Europe reported a very good level of preparedness for sustainability and decarbonization related challenges. Only 15 percent of accommodation businesses reported a very
      poor level of preparedness. Read more
      Note(s): Europe; March 28th to May 15th, 2023; 1,040 executives and managers from the European travel accommodation sector*; * 80 respondents were interviewed from each country and region which included Austria, France, Germany, [...] Read more
      Source(s): Booking.com; Statista
     Level of preparedness for sustainability and decarbonization of
     accommodation businesses in Europe as of May 2023, by country
     Preparedness for sustainability in accommodation in Europe 2023, by country
60% 58%
                                                                                                                          44%
                                                                                                                                                         41%
                          40%
                                                                                                                                                                                        34%                            34%          33%               34%
                          30%                                                                                                                                                                                                                                                26%
                                                                                                                                                                                                                                                                                   23%
                                                                                                                                                                                                     19%
                          20%                                            16%                                                           16%                                                                                                                         16%
                                                                                                                                                                      11%
                          10%                                                                            6%
                                             5%
                              0%
                                     Italy                       Spain                        Nordics                         Austria                   Netherlands                       Germany                          France                        Portugal             Greece
29    Description: As of May 2023, the share of accommodation businesses in Europe that reported being well prepared for sustainability and decarbonization varied by country. Approximately 58 percent of accommodation businesses in Italy reported being well prepared.
      Comparatively, only 26 percent of Greek respondents said that they were very well prepared. Read more
      Note(s): Europe; March 28th to May 15th, 202; 1,040 executives and managers from the European travel accommodation sector
      Source(s): Booking.com; Statista
     Share of travelers who look for accommodation with impressive
     sustainability innovation worldwide as of July 2023, by country
     Interest in accommodation with high sustainability standard globally 2023, by country
                          70%
                                            64%
                          60%
                                                                                            53%                                                                                                                                                                                   53%
                          50%                                                                                                              48%
                                                                                                                                                                                          46%
       Share of respondents
                                                                                                                                                                                                                                          42%
                          40%
30%
20%
10%
                              0%
                                    United States                                         Spain                                 United Kingdom                                             Italy                                     Germany                                    Worldwide
30    Description: A July 2023 global survey analyzed the interest of travelers in accommodation offering a very high level of sustainability innovation. While 64 percent of respondents in the United States reported looking for such accommodation establishments, around
      four in ten surveyed travelers in Germany stated the same. Read more
      Note(s): Worldwide; July 2023; 27,730¹; 18 years and older; adults who plan to travel for business or leisure in the next 12 to 24 months
      Source(s): Booking.com
CHAPTER 06
Alpine regions
     Number of hotels and hotel beds in selected Alpine regions in Europe in
     2022
     Hotels and hotel beds in selected Alpine regions in Europe 2022
32    Description: In 2022, Tyrol in Austria recorded the highest number of hotels among the selected Alpine regions in Europe, with 5,446 establishments. On the other hand, St. Gallen in Switzerland reported the lowest figure, with around 200 hotels that year. Read more
      Note(s): Europe; 2022
      Source(s): ASTAT
     Total number of overnight stays in hotels in selected Alpine regions in
     Europe from 2017 to 2022, by season (in millions)
     Hotel overnight stays in Alpine regions in Europe 2022, by season
                                                                                                                                             Winter             Summer
                                           140
                                           120
       Number of overnight stays in millions
                                           100
                                                                                          66.1                                           67.3
                                                    65.3
                                                                                                                                                                                                                                                                          69
                                               80
60 48.9
                                                                                                                                                                                                                                        63
                                               40
                                                     60                                   62.7                                           62.9
                                                                                                                                                                                                                                                                         54.4
                                               20                                                                                                                                      38.5
                                                                                                                                                                                                                                      14.2
                                                0
                                                    2017                                 2018                                           2019                                           2020                                           2021                               2022
33    Description: The combined number of overnight stays in hotels in 11 alpine regions in Europe totaled roughly 123 million in 2022. That year, the overnight stays in the summer months surpassed the figures reported before the coronavirus (COVID-19) pandemic,
      peaking at 69 million. On the other hand, overnight stays in the winter months remained below pre-pandemic levels in 2022, reaching around 54 million. Read more
      Note(s): Europe; 2017 to 2022
      Source(s): ASTAT
     Percentage change in overnight stays in hotels of selected Alpine regions
     in Europe from 2019 to 2022, by season
     Change in hotel overnight stays in selected Alpine regions in Europe 2019-2022
Summer Winter
34    Description: According to a study of tourism in selected Alpine regions in Europe, St. Gallen, in Switzerland, recorded the highest percentage increase in hotel overnight stays in summer compared to 2019. In summer 2022, the Swiss destination reported an increase in
      hotel nights of nearly 15 percentage points compared to 2019. Another Swiss region, Ticino, recorded the highest increase in hotel overnight stays in winter compared to 2019. Read more
      Note(s): Europe; 2022
      Source(s): ASTAT
     Sources
     ASTAT
     Booking.com
     Eurostat
     Generalitat de Catalunya (Direcció General de Turisme)
     Gremio de Hoteles de Barcelona
     IMF
     Insee
     Istat
     Lodging Econometrics
     Office du Tourisme et des Congrès de Paris
     Sojern
     Statista
     Statista Mobility Market Insights
     Turismo de Barcelona
     Turner & Townsend
     United Nations
     World Bank
     World Tourism Organization (UN Tourism)
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