Main risks to the hotel industry in Europe 2022-2023

Published by Statista Research Department, Jun 5, 2024
In 2023, the leading risks to the European hotel industry were rising costs and input inflation, with 89 percent of survey respondents (senior figures from the hospitality industry) saying so, showing growth over the previous year. Meanwhile, a rise in interest rates posed the second highest risk among respondents in 2023, with 87 percent stating this was the case.

Leading risks to the hotel industry in Europe in 2022 and 2023

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Release date

November 2023

Region

Europe

Survey time period

2022 to 2023*

Special properties

respondents were senior figures from the hospitality industry including owners, operators, lenders, developers and investors

Supplementary notes

* Dates of survey were September 15 to October 7, 2022 and September 15 to October 10, 2023.

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