Short-term rentals are increasingly owned and hosted by professionals or investors looking to maximise profits. This is especially the case in large cities like Brussels, but can also be seen in other parts of the country, where individuals purchase a property specifically to rent it out on a short-term rental platform.
Hotels in all price ranges plan to increase the number of outlets over the forecast period, in anticipation of higher demand. It is fully expected that demand will continue to increase over the forecast period.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in Belgium with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Lodging (Destination) industry in Belgium, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.See All of Our Definitions
This report originates from Passport, our Lodging (Destination) research and analysis database.
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