Romania - Number of bed-places: Holiday and other short-stay accommodation was 114221.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Number of bed-places: Holiday and other short-stay accommodation - last updated from the EUROSTAT on July of 2025. Historically, Romania - Number of bed-places: Holiday and other short-stay accommodation reached a record high of 115308.00 in December of 2021 and a record low of 17110.00 in December of 2011.

The industry includes companies that sell travel, tour, transportation and accomodation services to households and commercial clients. This industry is composed of agencies that provide booking, reservation and information services. Tour operators arrange, assemble and conduct tours in Europe and other countries around the world.

Hotels and short-term accommodation providers in Europe enjoy strong demand due to the continent’s well-developed tourism sector and significant number of holiday destinations that cater to various consumer needs. European residents often holiday domestically or go on trips to other European countries due to how quick and easy it is to travel to them. Rising domestic and international tourism fuelled accommodation demand prior to the COVID-19 outbreak, but travel restrictions then decimated revenue. Revenue is slated to contract at a compound annual rate of 9.5% over the five years through 2024 to €187.9 billion, including an expected 3.2% drop in 2024. Despite the numerous popular holiday spots spread across Europe, including Spain, Italy and France, hotels and other holiday accommodation providers weren’t prepared for the catastrophic drop in tourism caused by the COVID-19 pandemic. Strict restrictions on international travel decimated tourist numbers, with holiday accommodation sites forced to close for long periods in 2020. The easing of travel restrictions in 2021 and 2022 drove revenue back up, supported mostly by heightened domestic tourism due to heightened consumer confidence and a trend towards staycations. Since 2022, though, severe inflation and heightened economic and geopolitical uncertainty have squeezed consumers’ budgets and made them less confident of their financial prospects confidence, limiting spending on holidays. European hotels and short-term accommodation providers faces intense competition, putting pressure on prices and RevPAR. The growing popularity of online booking platforms like Airbnb has played a big part in increasing competitive pressures. To attract potential guests, accommodation providers are adopting dynamic pricing strategies and investing in enhancing the customer experience through innovation and differentiation. Revenue is forecast to swell at a compound annual rate of 2.9% over the five years through 2029 to €217 billion. A mounting number of international guests and strong demand for domestic holidays will drive growth. As consumer confidence improves and inflation edges back down to more normal levels, disposable income will climb, stimulating holiday spending. Hotels and short-term accommodation providers will continue to face competitive pressures as the popularity of short-term rental platforms grows, hindering revenue and profit.

Revenue in the Tour Operators industry in Europe is anticipated to contract at a compound annual rate of 6.2% to €78.3 billion over the five years through 2024. The decline in revenue over the period is predominantly due to the damage the COVID-19 outbreak inflicted on the travel sector over the two years through 2022. Customers were unable to travel abroad or domestically. Since restrictions were eased (at different intervals across different countries), holiday numbers have increased both domestically and internationally, which has seen an influx in bookings for European tour operators. Travel in Europe has reached 91% of its pre-pandemic level, as recorded by the European Travel Commission, and many Europeans have sought advice and booked tours to travel to their dream destinations. Revenge travel is a trend tour operators have become accustomed to, with customers hungry for trips after being locked in for so long during the COVID-19 outbreak. High inflation in the two years through 2024 is curbing demand as people’s pockets are squeezed. As a result, tour operator’s revenue is set to contract by 3.1% in 2024. The weather continues to dictate seasonal demand and destinations that tour operators target for trips, whilst geopolitical tensions have customers wanting the protection of booking through a travel operator.

Revenue is expected to grow at a compound annual rate of 1.1% over the five years through 2029 to €82.6 billion. Tour operators will continue to benefit from the growing travel industry, with people keen to travel for once-in-a-lifetime trips, city breaks, walking tours, culinary hotspots and beach retreats. Tour operators that give their customers more flexibility and the ability to book at the last minute will see significant demand as Europeans opt to travel at the last minute to reduce the risk of cancellations and airport strikes. Operators will face the challenge of adjusting packages, deals and holiday destinations to suit changing preferences. Sustainable travel tours are a growing market as travellers aim to travel more responsibly and lessen the environmental impact of tourism, which will encourage more operators to appeal to the environmentally conscious traveller.

Romania - Harmonised index of consumer prices (HICP): Package international holidays was 166.59 points in May of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Harmonised index of consumer prices (HICP): Package international holidays - last updated from the EUROSTAT on July of 2025. Historically, Romania - Harmonised index of consumer prices (HICP): Package international holidays reached a record high of 166.59 points in May of 2025 and a record low of 100.93 points in January of 2017.

Romania - Harmonised index of consumer prices (HICP): Package holidays was 173.30 points in May of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Harmonised index of consumer prices (HICP): Package holidays - last updated from the EUROSTAT on July of 2025. Historically, Romania - Harmonised index of consumer prices (HICP): Package holidays reached a record high of 173.30 points in May of 2025 and a record low of 41.83 points in December of 2000.

Romania - Nights spent at tourist accommodation establishments: Holiday and other short-stay accommodation was 4585904.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Nights spent at tourist accommodation establishments: Holiday and other short-stay accommodation - last updated from the EUROSTAT on June of 2025. Historically, Romania - Nights spent at tourist accommodation establishments: Holiday and other short-stay accommodation reached a record high of 5230553.00 in December of 2019 and a record low of 423992.00 in December of 2011.

The industry includes short-term, temporary and temporary long-term accommodation. Short-term holiday accommodation includes hotels, holiday villages, vacation homes, hostels and cottages. Temporary accommodation includes railway sleeping cars, student halls and boarding houses. Camping grounds, recreational vehicle parks and trailer parks are also included.

Romania - Harmonised index of consumer prices (HICP): Package domestic holidays was 181.74 points in May of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Harmonised index of consumer prices (HICP): Package domestic holidays - last updated from the EUROSTAT on July of 2025. Historically, Romania - Harmonised index of consumer prices (HICP): Package domestic holidays reached a record high of 181.74 points in May of 2025 and a record low of 102.33 points in January of 2017.

Caravan and camping sites are popular in Europe. Many sites across Europe boast picturesque landscapes, catering to the needs of environmentally conscious and cost-sensitive travellers. Strong tourism across Europe has provided caravan and camping sites with growth opportunities. The ageing population in Europe has enhanced demand, as retirees tend to appreciate outdoor holidays and have more free time. Caravan and camping site operators are innovating and investing in upgrading amenities and customer experiences, transforming them into resort-like family destinations. The glamping trend, offering a luxurious camping experience, has also boosted performance, attracting high-income consumers. The closure of sites and strict travel restrictions during the COVID-19 pandemic decimated revenue in 2020. As restrictions eased, pent-up demand for holidays helped revenue recovery. Domestic tourism rebounded well, with more and more consumers opting for domestic holidays. However, economic headwinds since 2022 have weakened consumer confidence and squeezed consumer budgets, hindering holiday spending. At the same time, this has encouraged more consumers to seek domestic destinations over costly trips abroad, limiting the negative effect on caravan and camping sites’ revenue. Revenue is expected to contract at a compound annual rate of 6% to €11.2 billion over the five years through 2024, including a drop of 3.4% in 2024. Revenue is forecast to expand at a compound annual rate of 2.3% to €12.5 billion over the five years through 2029. Growth will be driven by increased tourism and higher holiday spending as economic conditions improve. Increasing preference for sustainable tourism and glamping will also spur sales. To stay competitive, caravan and camping sites will continue to enhance their offerings, adopting smart technologies and improving booking platforms. However, strong competition from alternative affordable holiday accommodation (e.g. budget hotels and short-term holiday apartments) will put pressure on prices and limit profit growth.

Romania - Harmonised index of consumer prices (HICP): Services related to package holidays and accommodation was 167.78 points in May of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Harmonised index of consumer prices (HICP): Services related to package holidays and accommodation - last updated from the EUROSTAT on July of 2025. Historically, Romania - Harmonised index of consumer prices (HICP): Services related to package holidays and accommodation reached a record high of 167.78 points in May of 2025 and a record low of 27.29 points in December of 2000.

Romania - Harmonised index of consumer prices (HICP): Services related to recreation and personal care, excluding package holidays and accommodation was 145.59 points in April of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Harmonised index of consumer prices (HICP): Services related to recreation and personal care, excluding package holidays and accommodation - last updated from the EUROSTAT on June of 2025. Historically, Romania - Harmonised index of consumer prices (HICP): Services related to recreation and personal care, excluding package holidays and accommodation reached a record high of 145.59 points in April of 2025 and a record low of 42.26 points in December of 2000.