Key findings: P6410 - Tourist accommodation, May 2023

Measured in nominal terms (current prices), total income for the tourist accommodation industry increased by 21,0% in May 2023 compared with May 2022.

Income from accommodation increased by 30,2% year-on-year in May 2023, the result of an 8,2% increase in the number of stay unit nights sold and a 20,4% increase in the average income per stay unit night sold.

In May 2023, the largest contributors to the 30,2% year-on-year increase in income from accommodation were:

  • hotels (30,8% and contributing 15,5 percentage points); and
  • ‘other’ accommodation (34,7% and contributing 14,4 percentage points).

Income from accommodation increased by 32,4% in the three months ended May 2023 compared with the three months ended May 2022. The main contributors to this increase were:

  •  hotels (34,4% and contributing 17,1 percentage points); and
  •  ‘other’ accommodation (33,1% and contributing 13,8 percentage points).

Seasonally adjusted income from accommodation increased by 13,6% month-on-month in May 2023 following an increase of 4,1% month-on-month in April 2023.