Forecast revenue in hotel market Denmark

The revenue in the hotels segment of the travel and tourism market in Denmark was forecast to continuously increase between 2024 and 2028 by in total 143.5 million U.S. dollars (+8.22 percent). After the eight consecutive increasing year, the indicator is estimated to reach 1.9 billion U.S. dollars and therefore a new peak in 2028.

Revenue forecast in the hotel industry of travel and tourism market in Denmark from 2017 to 2028 (in million U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Hotels market includes hotels and professionally run guest houses. These accommodations can be booked directly via the providers website, through a tour operator, a travel agency, an online travel agency (OTA), or by telephone.

Additional Information:

The main performance indicators of the Hotels market are revenues, average revenue per user (ARPU), users and user penetration rates. Additionally, online and offline sales channel shares display the distribution of online and offline bookings. The ARPU refers to the average revenue one user generates per year, while the revenue represents the total booking volume. Revenues are generated through both online and offline sales channels and include exclusively B2C revenues. Users represent the aggregated number of guests. Each user is only counted once per year. Well-known providers are Hotels.com, Trivago, and Booking.com.

The booking volume includes all booked travels made by users from the selected region, independent of the departure and arrival. The scope includes domestic and outbound travel.

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