Measured in nominal terms (current prices), total income for the tourist accommodation industry increased by 26,8% in March 2023 compared with March 2022.Measured in nominal terms (current prices), total income for the tourist accommodation industry increased by 26,8% in March 2023 compared with March 2022.

Income from accommodation increased by 36,5% year-on-year in March 2023, the result of a 7,2% increase in the number of stay unit nights sold and a 27,3% increase in the average income per stay unit night sold.

In March 2023, the largest contributors to the 36,5% year-on-year increase in income from accommodation were:

• hotels (40,4% and contributing 20,7 percentage points); and
•  ‘other’ accommodation (31,9% and contributing 12,9 percentage points).

Income from accommodation increased by 49,9% in the first quarter of 2023 compared with the first quarter of 2022. The main contributors to this increase were:

• hotels (56,3% and contributing 28,0 percentage points); and
• ‘other’ accommodation (46,8% and contributing 19,1 percentage points).

Seasonally adjusted income from accommodation decreased by 1,2% month-on-month in March 2023 following an increase of 3,5% month-on-month in February 2023.