The hotel market statistics for Sweden in April 2024 demonstrate mixed developments across several key metrics. Notably, the number of rooms sold increased in April by 2.1 percent compared to the same month last year. In 19 out of the 25 largest hotel municipalities in Sweden, there were higher occupancy rate compared to the same month last year, with Östersund experiencing the biggest increase by 20.6 percent. Additionally, both the ADR and the occupancy rate in Sweden increased in April by 4.8 percent and 1.0 percent respectively compared to the same month last year. As a result, RevPAR increased by 5.8 percent compared to the same month last year.  

Furthermore, the hotel market in the Nordic countries experienced similar development with positive trends across all key metrics in April 2024 compared to the previous year. Notably, Norway experienced the largest increase in number of rooms sold, with a 14.7 percent increase from the same month last year.

Please download the market report here:
Hotel Market Update Annordia June/24.pdf