Hotels - Europe

  • Europe
  • Revenue in the Hotels segment is projected to reach €108.20bn in 2023.
  • Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 1.07%, resulting in a projected market volume of €112.90bn by 2027.
  • In the Hotels segment, the number of users is expected to amount to 283.80m users by 2027.
  • User penetration is 32.2% in 2023 and is expected to hit 33.5% by 2027.
  • The average revenue per user (ARPU) is expected to amount to €0.40k.
  • In the Hotels segment, 85% of total revenue will be generated through online sales by 2027.
  • In global comparison, most revenue will be generated in the United States (€103,600.00m in 2023).
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