Sweden Hospitality Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Swedish Hospitality Market is Segmented by Type (Chain Hotels and Independent Hotels), and by Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, and Luxury Hotels). The Report Offers Market Size and Forecasts for the Hospitality Industry in Sweden in Value (USD) for all the Above Segments.

Sweden Hospitality Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Sweden Hospitality Industry Overview

Sweden recorded 21% Chain hotel penetration and 51% chain room penetration in the previous year. Leases are the most popular model, with almost all Scandic Hotels properties being leased. The domestic brands' Best Western, Nordic Choice, and Scandic Hotels are the top 3 chain hotel brands in the country and account for more than 60% of total rooms. Best Western and Nordic Hotels have the largest number of hotels, whereas Scandic Hotels is the largest provider of chain hotel rooms, with more than 17,000 among 85 hotels.

Sweden Hospitality Market Leaders

  1. Elite Hotels

  2. First Hotels

  3. Nordic Choice Hotels

  4. Scandic Hotels

  5. Best Western Hotels & Resorts

  6. *Disclaimer: Major Players sorted in no particular order
Hospitality Industry In Sweden Concentration