Hotel market revenue in Europe 2017-2028

Published by Statista Research Department, Mar 27, 2024
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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Supplementary notes

Data provided by Statista Mobility Market Insights are estimates.

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