Key findings: P6410 - Tourist accommodation, January 2022

Measured in nominal terms (current prices), total income for the tourist accommodation industry increased by 120,6% in January 2022 compared with January 2021.

Income from accommodation increased by 65,4% year-on-year in January 2022, the result of a 44,6% increase in the number of stay unit nights sold and a 14,4% increase in the average income per stay unit night sold.

In January 2022, the largest contributors to the 65,4% year-on-year increase in income from accommodation were:

  •  hotels (112,2% and contributing 47,0 percentage points); and
  • ‘other’ accommodation (26,4% and contributing 12,9 percentage points).

Income from accommodation increased by 40,1% in the three months ended January 2022 compared with the three months ended January 2021. The main contributors to this increase were:

  • hotels (65,5% and contributing 30,1 percentage points); and
  •  ‘other’ accommodation (15,3% and contributing 7,0 percentage points).

Seasonally adjusted income from accommodation decreased by 5,4% month-on-month in January 2022. Negative month-on-month growth rates were recorded for:

·       hotels (-7,2%); and

·       ‘other’ accommodation (-5,9%).