On behalf of Invest Stockholm, the official investment promotion agency of Stockholm, Annordia has produced a hotel report on the supply and demand of the hotel market in Stockholm.
The hotel report includes an analysis of the hotel market over the past ten years and a presentation of existing and planned hotels. The report also contains a forecast of demand for hotel accommodation in the City of Stockholm during the period 2020-2024.
Annordia’s prognosis concludes that the potential demand could sustain an additional 2,000 rooms on top of those already planned for development by 2024, with an occupancy rate in Stockholm city of approximately 71 percent.
Read the Stockholm Hotel Report here:
This report was finalised before the global spread of the coronavirus (Covid-19). Great uncertainty remains about the effects the coronavirus will have on global travel. Historically, the demand of hotel rooms has quickly recovered after various types of crises. Overall, however, there is a significant risk that the growth up to 2024 will not meet the forecast outlined in this report.