In 2014 the number of nights spent in tourist accommodation establishments in the EU is expected to have reached a new peak of around 2.7 billion nights, up by 1.7% compared with 2013.

Following the decline observed in 2009 with the beginning of the financial crisis, there has been a steady increase in the number of nights spent in tourist accommodation establishments in the EU over the last 5 years. This pattern can be observed for nights spent by both residents and non-residents.

The number of nights spent in tourist accommodation establishments in 2014 grew in the majority of member states for which data are available, with the largest increases being observed in Latvia (+11.1%), Belgium (+7.2%), Portugal (+7.1%) and Greece (+6.9%). In contrast, the largest falls were recorded in Slovakia (-5.5%), Finland (-1.9%) and Italy (-1.8%).

Source: InCyprus