While nearby rival Copenhagen currently has a glut of rooms coming on line, Stockholm doesn’t seem to have enough.
While Stockholm currently has about 22,800 hotel rooms, many more than the planned 5,100 in the coming years are needed, according to a new official report by Invest Stockholm.
The growth in new hotel rooms in the Swedish capital is slower than in, say, Copenhagen. While Stockholm has 172 hotels with 22,800 rooms, there are only concrete projects for further 5,100 rooms by 2022 – at least 1,000 less than those needed to meet demand.
The Hotel Report 2018 is newly published by Invest Stockholm, the official agency to promote investments in the Swedish capital, a company in the Stockholm Business Region owned by the city council.
While Stockholm looks forward to 5,100 new rooms in the coming years, there are at least 8,500 of them planned in the same period in Copenhagen, which currently has more than 21,500 hotel rooms, though the figures are worrying for the Danish capital for opposing reasons.
Only last year, 1,840 new rooms came on line in the Swedish capital, where the three largest hotels are the Clarion Hotel Sign with 558 rooms, Clarion Hotel Stockholm has 532 and Quality Hotel Globe, which houses 527 rooms. By contrast, Copenhagen’s largest, Bella Sky at Bella Center, has 812 rooms.
Invest Stockholm writes in its report that the increasing need for more hotel rooms in Stockholm is due, among other things, to changing travel patterns, a growing middle class in Asia and ever more low-cost routes to Stockholm.
The bigger flows of private travellers mean there are almost as many nights at Stockholm hotels from business travellers as from private travellers.
“We see major increases in arrivals from India, China and the United States – among other things, due to several new direct flights to Stockholm,” explains Anna Gissler, managing director of the Stockholm Business Region.
“For the last six years, Stockholm has received over 40 new European and 20 new intercontinental air routes. In ten years, the number of arrivals to Stockholm from India increased by 411%, from China 214% and from the United States by 110%.