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Development Opportunities for the Accommodation Industry: Evidence from European Countries

Author

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  • Rohoza Mykola

    (Doctor of Economic Sciences, Professor, Honoured Worker of Science and Engineering of Ukraine, Academician of the Academy of Economic Sciences of Ukraine, Academician of the International Academy of Biotechnology, Ukraine)

  • Stolyarchuk Valentyna

    (Associate Professor (Docent) for the Hotel, Restaurant and Resort Business Department, Poltava University of Economics and Trade, Poltava, Ukraine)

Abstract

This article focuses on the current trends in accommodation industry development in European countries through the study of satisfaction with tourists’ increasing demand for accommodation. The total number of tourist nights spent at accommodation establishments continues to increase. Nevertheless, the growth of this indicator is significantly different across both regions and accommodation activity types. Moreover, the decrease in the number of tourist nights spent due to the impact of crises and destructive factors also varies. Based on the results of a data analysis of the Eurostat online database, we found that the number of beds at the accommodation establishments is not a key factor that determines the number of tourist nights spent. This finding represents the importance for the development strategy of considering not only the capacity of accommodation establishments, but also the variety of accommodation activity types. The data analysis of some countries’ cases points out that even a less robust accommodation industry has opportunities to develop in a difficult and uncertain period. This study result has practical applications in an effective development strategy particularly in a time of crisis.

Suggested Citation

  • Rohoza Mykola & Stolyarchuk Valentyna, 2022. "Development Opportunities for the Accommodation Industry: Evidence from European Countries," European Journal of Tourism, Hospitality and Recreation, Sciendo, vol. 12(1), pages 12-30, December.
    • Handle: RePEc:vrs:ejothr:v:12:y:2022:i:1:p:12-30:n:3
    DOI: 10.2478/ejthr-2022-0001
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    References listed on IDEAS

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    1. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    2. Soultana (Tania) Kapiki, 2012. "Current and Future Trends in Tourism and Hospitality. The Case of Greece," International Journal of Economic Practices and Theories, Academy of Economic Studies - Bucharest, Romania, vol. 2(1), pages 1-12, January.
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