Europe's independent hotels are slowly displaced by chains

There are close to 3.5 independent hotels for every chain property in Europe, but this number is slowly eroding. Considering properties with 25 rooms or more, the number of independent hotels in Europe has dropped from just over 51 thousand in 2015 to 49,500 in 2021. On the flipside, hotel chains have been gaining ground, aided by the tailwind of the travel & tourism sector becoming increasingly more international.