Despite a substantial increase in the number of hotel rooms in Stockholm last year, the demand for more hotels in the Swedish capital continues to develop. Changed travel habits, a growing middle class in Asia and cheaper flights have contributed to the increase in the proportion of private hotel guests, which is now almost as big as the business segment.
Haymarket by Scandic, Hotel At Six, Hobo Hotel, Downtown Camper by Scandic and Bank Hotel are some of the recent additions to the Stockholm hotel map. 1840 rooms were added to Stockholm City only last year. Even so, there is a need for more hotels.
Foreign guests are important to the hotel industry. The percentage of visitors from India and China has risen 411% and 214% since 2008. The US has also increased significantly, by 110%.
The Hotel Report 2018 shows that demand will continue to develop at a healthy pace and that there is scope for an additional 1,000 new rooms in the city up until 2022. This is in addition to the 4,900 hotel rooms already planned for in the county as well as the 1,600 rooms that are planned but currently assessed to be uncertain during the next five-year period.
This analysis and much more are presented in The Hotel Report 2018 we developed on behalf of Invest Stockholm.