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.
Revenue of the hotel market in Europe from 2017 to 2023, with a forecast until 2028
(in billion U.S. dollars)
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Statista. (December 31, 2023). Revenue of the hotel market in Europe from 2017 to 2023, with a forecast until 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/forecasts/1388860/hotel-revenue-europe
Statista. "Revenue of the hotel market in Europe from 2017 to 2023, with a forecast until 2028 (in billion U.S. dollars)." Chart. December 31, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/forecasts/1388860/hotel-revenue-europe
Statista. (2023). Revenue of the hotel market in Europe from 2017 to 2023, with a forecast until 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/forecasts/1388860/hotel-revenue-europe
Statista. "Revenue of The Hotel Market in Europe from 2017 to 2023, with a Forecast until 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Dec 2023, https://www.statista.com/forecasts/1388860/hotel-revenue-europe
Statista, Revenue of the hotel market in Europe from 2017 to 2023, with a forecast until 2028 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1388860/hotel-revenue-europe (last visited December 22, 2024)
Revenue of the hotel market in Europe from 2017 to 2023, with a forecast until 2028 (in billion U.S. dollars) [Graph], Statista, December 31, 2023. [Online]. Available: https://www.statista.com/forecasts/1388860/hotel-revenue-europe
