How many hotels in Europe?

In 2019, the last year for which we have historical data, there were 219 thousand hotel establishments in Europe which works out to 1.3 properties per company, on average while the average enterprise operating within the formal short-term rental accommodations sector had 2.5 properties in 2019.



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There are over 700,000 hotels and resorts worldwide. The industry is thriving and worth over $570 billion worldwide. Beijing, China, has the most hotels in the world, with over 4,100.

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Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor S.A.

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European hotel rooms are typically cheaper than those in the US. This is because Europeans have a smaller overall disposable income than Americans. Europeans usually travel less than Americans, so they are more likely to stay in smaller, less expensive hotels.

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Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor S.A.

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The average net profit margin for an Hotel business was -2%. This might seem shocking that the average hotel loses money, but you need to keep in mind a couple of things. Once you add back in depreciation which amounted to 12%, Hotel businesses are actually profitable on average.

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The Eh'häusl Hotel in Amberg, Germany, holds the Guinness World Record for the world's smallest hotel, with a total floorspace of just 173 square feet (53 square meters).

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The problem now is that charming, cheap hotels are no longer so cheap, in the major capitals at least. Some of them have had luxury makeovers and others have put up their prices because of inflationary pressures in Europe such as power costs.

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