Key findings: P6410 - Tourist accommodation, February 2024

Measured in nominal terms (current prices), total income for the tourist accommodation industry increased by 11,0% in February 2024 compared with February 2023.

Income from accommodation increased by 10,5% year-on-year in February 2024, the result of a 4,9% increase in the number of stay unit nights sold and a 5,3% increase in the average income per stay unit night sold.

In February 2024, the largest contributors to the 10,5% year-on-year increase in income from accommodation were:

  • hotels (9,0% and contributing 6,0 percentage points); and
  • ‘other’ accommodation (19,7% and contributing 5,3 percentage points).

Income from accommodation increased by 11,7% in the three months ended February 2024 compared with the three months ended February 2023. The main contributors to this increase were:

  •  hotels (11,5% and contributing 7,4 percentage points); and
  • ‘other’ accommodation (18,1% and contributing 5,1 percentage points).

Seasonally adjusted income from accommodation decreased by 0,2% month-on-month in February 2024 following an increase of 1,5% month-on-month in January 2024.