Home Horeca Q3 2024: Net use of bed-places at more than 80% – NSO

Q3 2024: Net use of bed-places at more than 80% – NSO

Total guests in collective accommodation establishments during the third quarter of 2024 stood at 724,402 while total nights spent amounted to 3,645,988, the NSO said Monday.

In the third quarter of 2024, the largest share of guest nights was reported in 4-star hotels, with 47.9 per cent of the total.

The average length of stay in collective accommodation establishments in 2024 went up to 5.0 nights when compared to the figure registered during the same quarter of 2023. The net use of bed-places stood at 80.6 per cent, up by 2.4 percentage points when compared to the corresponding quarter of the previous year.

On a national level, during September 2024, there were 323 active collective accommodation establishments with a net capacity of 21,403 bedrooms and 49,093 bed-places.

Regional breakdown

On a regional level, total guests in Malta numbered 685,396, up by 10.3 per cent over the third quarter of 2023. Additionally, an increase of 12.2 per cent was recorded in the number of nights spent, reaching 3,513,671 nights. Total guests in Gozo and Comino increased by 3.3 per cent to 39,006, while nights increased by 3.5 per cent to 132,317.

When compared with the same quarter of the previous year, in Malta, the average length of stay increased slightly to 5.1 nights, while in Gozo and Comino the average length of stay remained constant at 3.4 nights. The net occupancy rate in Malta increased by 2.5 percentage points, reaching 81.3 per cent, and that in Gozo and Comino decreased by 0.8 percentage points to 64.9 per cent.

January-September 2024

Total guests in the first three quarters of 2024 amounted to 1,923,082, an increase of 12.8 per cent over the same period in 2023. Total nights spent increased by 13.8 per cent reaching 8,647,791 nights. The net use of bed-places went up by 2.2 percentage points to 66.8 per cent.

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