Stockholm Hotel Report 2016

According to the periodic hotel report, carried out by Annordia at the instance of Invest Stockholm, a net increase in hotel capacity is anticipated in the City of Stockholm with a total of 3,700 new hotel rooms in the period 2016 to 2020. In order to meet the needs of the future, at least a further 1,500 rooms in the city are needed by the year 2020.

- Since the last hotel report, which was released in 2014, the number of guest nights and rented rooms have experienced a powerful development. We have not seen a larger growth in non-European guest nights for 20 years. It is an evidence of Stockholm’s attractiveness as a travel destination, says Karin Wanngård (S), Mayor of Stockholm.

According to the prediction in the report, there is a need for more hotel rooms in Stockholm so as to meet the future growth of demand. In order to avoid periods of insufficient capacity, there is thus a need for additional hotel projects in Stockholm.

For further information:

Hans Åke Petersson

+46 300 541 735

hansake.petersson@annordia.com

Press contact Karin Wanngård:

Ömer Oguz

+46 76-122 92 34

Facts in brief 2015

• 309 hotels in Stockholm County, of which 154 in the City of Stockholm.
• Nearly 13 million commercial guest nights in the whole county.
• Occupancy of hotel rooms: 72% in the city and 54% in the county.
• RevPAR: SEK 831 in the city and SEK 522 in the county.
• Number of hostels: 71, of which 31 in the city.
• Number of cottages: 8 in the county.
• Number of campsites: 34, of which 5 in the city.

The report, which was produced by Annordia at the instance of Invest Stockholm, constitutes a survey of existing and planned hotels as well as a prediction of demand for commercial accommodation 2016-2020. The forecast for demand of commercial beds and rooms is based, among other things, on historical growth rates and expected GDP development.