Industry Statistics and Rankings
Country Benchmarking
Industry Performance Rankings
This report accounts for 33 number of countries where the industry is active.
The Accommodation in Europe has a market size of €203.7bn in 2024. Revenue volatility is low, and revenue has grown at a CAGR of 9.2 % from 2019-2024. The average number of employees is 3m in 2024 a number that has grown at a CAGR of 2.0 % over the past five years. One of the most prominent threats to the industry is...
European High and Lows
Top Questions Answered in this Report
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What is the market size of the Accommodation industry in Europe in 2024?
The market size of the Accommodation industry in Europe is €203.7bn in 2024.
How many businesses are there in the Accommodation in Europe industry in 2024?
There are 445k businesses in the Accommodation industry in Europe, which has grown at a CAGR of 1.0 % between 2019 and 2024.
Has the Accommodation industry in Europe grown or declined over the past 5 years?
The market size of the Accommodation industry in Europe has been declining at a CAGR of 9.2 % between 2019 and 2024.
What is the forecast growth of the Accommodation industry in Europe over the next 5 years?
Over the next five years, the Accommodation industry in Europe is expected to grow.
What are the biggest companies in the Accommodation market in Europe?
The biggest companies operating in the Accommodation market in Europe are Diageo plc and Club Travel Ltd
What does the Accommodation in Europe include?
Hotels and Guesthouses, bed & breakfast units, visitor flats are part of the Accommodation industry.
Which companies have the highest market share in the Accommodation in Europe?
The company holding the most market share in Europe is Diageo plc.
Which countries have the most businesses in the Accommodation industry in Europe?
The European country with the most businesses in the Accommodation industry is France.
How competitive is the Accommodation industry in Europe?
The level of competition is moderate and steady in the Accommodation industry in Europe.
Related Industries
This industry is covered in 37 countries
- Accommodation in Austria
- Accommodation in France
- Accommodation in Lithuania
- Accommodation in the Netherlands
- Accommodation in Switzerland
- Accommodation in Finland
- Accommodation in Slovenia
- Accommodation in Bulgaria
- Accommodation in Luxembourg
- Accommodation in Russia
- Accommodation in Slovakia
- Accommodation in Italy
- Accommodation in Sweden
- Accommodation in Turkey
- Accommodation in Latvia
- Accommodation in Bosnia and Herzegovina
- Accommodation in Spain
- Accommodation in Portugal
- Accommodation in Serbia
- Accommodation in Belgium
- Accommodation in Hungary
- Accommodation in Czechia
- Accommodation in Denmark
- Accommodation in Malta
- Accommodation in Croatia
- Accommodation in Greece
- Accommodation in Romania
- Accommodation in Norway
- Accommodation in Poland
- Accommodation in Cyprus
- Accommodation in Estonia
- Accommodation in Iceland
- Accommodation in Europe
Table of Contents
About this industry
Industry definition
The industry includes short-term, temporary and temporary long-term accommodation. Short-term holiday accommodation includes hotels, holiday villages, vacation homes, hostels and cottages. Temporary accommodation includes railway sleeping cars, student halls and boarding houses. Camping grounds, recreational vehicle parks and trailer parks are also included.
What's included in this industry?
HotelsGuesthouses, bed & breakfast units, visitor flatsHoliday homesHostelsCamping grounds and trailer parksStudent residencesOtherIndustry Code
55 - Accommodation in Europe
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Performance Snapshot
Charts
- Revenue in the Accommodation in Europe
- Employees in the Accommodation in Europe
- Business in the Accommodation in Europe
- Profit in the Accommodation in Europe
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Data Tables
Values and annual change provided for 37 European countries:
- Revenue by Region (2024)
- IVA by Region (2024)
- Enterprises by Region (2024)
- Employment by Region (2024)
- Exports by Region (2024)
- Imports by Region (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
External Drivers
Analysis
What demographic and macroeconomic factors impact the Accommodation in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Accommodation in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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