2020 was an extraordinary year for several industries. The coronavirus (COVID-19) pandemic caused an economic slowdown, and the accommodation sector in Belgium was no exception. According to the source, the annual revenue generated by that sector amounted to 1.5 billion euros in 2020, which represented a loss of almost half compared to the previous year.
Annual revenue in the accommodation industry in Belgium from 2005 to 2020
(in billion euros)
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Revenue in billion euros
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The figures for revenue are calculated by using the VAT declarations.
* 2017 figures are incomplete because the source does not provide data for the first quarter.
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Statbel. (May 31, 2021). Annual revenue in the accommodation industry in Belgium from 2005 to 2020 (in billion euros) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1257715/accommodation-industry-revenue-belgium/
Statbel. "Annual revenue in the accommodation industry in Belgium from 2005 to 2020 (in billion euros)." Chart. May 31, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1257715/accommodation-industry-revenue-belgium/
Statbel. (2021). Annual revenue in the accommodation industry in Belgium from 2005 to 2020 (in billion euros). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1257715/accommodation-industry-revenue-belgium/
Statbel. "Annual Revenue in The Accommodation Industry in Belgium from 2005 to 2020 (in Billion Euros)." Statista, Statista Inc., 31 May 2021, https://www.statista.com/statistics/1257715/accommodation-industry-revenue-belgium/
Statbel, Annual revenue in the accommodation industry in Belgium from 2005 to 2020 (in billion euros) Statista, https://www.statista.com/statistics/1257715/accommodation-industry-revenue-belgium/ (last visited August 25, 2024)
Annual revenue in the accommodation industry in Belgium from 2005 to 2020 (in billion euros) [Graph], Statbel, May 31, 2021. [Online]. Available: https://www.statista.com/statistics/1257715/accommodation-industry-revenue-belgium/