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CEOWORLD magazine - Latest - Education and Career - How Much The Typical European Household Spends On Hotels And Restaurants?

Education and Career

How Much The Typical European Household Spends On Hotels And Restaurants?

Malta and Cyprus were the top two European Union member states with the highest expenditure for hotels and restaurants in 2017, according to the 2017 Eurostat study. An average of 16.8% of the household income of Maltese nationals is spent on restaurants and hotels.

Spain ranked third, with 16.8% per household, behind Cyprus, whose residents spent a whopping 17.5% of their 2017 household income at hotels and restaurants. An average of 15.4% of the household income of Greeks is spent on hotels and restaurants.

Households in the European Union member states spent an average of 8.8% of their total consumption expenditure on hotels and restaurants in 2017, meaning that more than $847 billion were spent across the EU. This amount represents 4.8% of the EU’s GDP, $1,603 per E.U. inhabitant.

Countries with the lowest percentages of expenditures on hotels and restaurants were eastern and northern EU member states such as Romania, Poland, Lithuania, Lithuania, Germany, Denmark, and Slovakia.

EU countries with the highest percentages of expenditures on hotels and restaurants:

  1. Malta: 20.2%
  2. Cyprus: 17.5%
  3. Spain: 16.8%
  4. Greece: 15.4%
  5. Ireland: 14.8%
  6. Iceland: 14.2%
  7. Austria: 13.4%
  8. Portugal: 12.3%
  9. Italy: 10.3%
  10. United Kingdom: 9.6%
  11. Hungary: 9.2%
  12. Czech Republic: 9.0%
  13. Estonia: 8.6%
  14. Netherlands: 8.4%
  15. Slovenia: 7.4%
  16. France: 7.3%
  17. Luxembourg: 7.2%
  18. Bulgaria: 6.9%
  19. Latvia: 6.7%
  20. Finland: 6.6%
  21. Belgium: 6.5%
  22. Sweden: 6.5%
  23. Slovakia: 6.2%
  24. Denmark: 6.1%
  25. Germany: 5.5%
  26. Lithuania: 3.7%
  27. Poland: 3.6%
  28. Romania: 3.1%

European Union: 8.8%


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CEOWORLD magazine - Latest - Education and Career - How Much The Typical European Household Spends On Hotels And Restaurants?
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.