Accommodation Companies Across Nordics

The Accommodation industry across the Nordic region comprises 17,015 companies across 6 subindustries, spanning Finland, Sweden, Denmark, and Norway.

What distinguishes this market is its diverse composition, with the three largest subindustries being Operation of hotels. boarding houses and motels with a restaurant, Operation of holiday apartments, Operation of campsites. Together, these segments represent the core of the Nordic accommodation sector.

How Do We Source This Data ?

PRH (Finland), Bolagsverket (Sweden), CVR (Denmark), Brønnøysund (Norway). Combined with public data scraped online.

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Table of Content

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Summary and Key Data Points for Accommodation Companies in the Nordic Region

    Total number of companies: 17,015

    Number of subindustries: 6

    Largest subindustry: 55.101 Operation of hotels. boarding houses and motels with a restaurant (7,992 companies, 47.0%)

    Second largest: 55.202 Operation of holiday apartments (4,420 companies)

    Third largest: 55.300 Operation of campsites (2,740 companies)

    Most common company size: 1-10 employees (88.7% of companies)

    Large companies (€10M+ revenue): 166 companies

    Most common revenue range: 0-100k (66.8%)

Country Breakdown for Accommodation

Distribution of accommodation companies across the Nordic countries:

Companies

CountryCompanies% of NordicLarge (€10M+)% of Country Total
Finland3,96823.3%270.55%
Sweden5,24530.8%760.54%
Denmark3,10118.2%240.34%
Norway4,70127.6%390.48%
TOTAL17,015100%166–

 
Company Size Analysis of the Accommodation Industry in the Nordic Region by Employee Count

Detailed breakdown of company sizes by employee count across all Nordic countries:

Companies

Employee RangeCompaniesPercentage
Over 50060.0%
200-500320.2%
100-200990.6%
50-992841.7%
11-491,5078.9%
1-1015,08788.7%
TOTAL17,015100%

Three Key Insights for Salespeople Targeting This Group

  1. Micro-business dominance: The vast majority (88.7%) of companies have 1-10 employees. Sales strategies should focus on simplified, cost-effective solutions suitable for small teams with limited IT resources.
  2. Enterprise opportunity: There are 137 companies with 100+ employees representing high-value accounts with larger budgets and more complex needs.
  3. Mid-market segment: The 1,791 companies in the 11-99 employee range often represent the best growth potential – established enough to invest, yet still agile in decision-making.

Revenue Distribution of Accommodation Companies in the Nordic Region

Breakdown of companies by annual revenue across all Nordic countries:

Companies

Revenue Range (EUR)CompaniesPercentage
Over 100M50.0%
10M-100M1610.9%
1M-10M1,79610.6%
500k-1M9885.8%
200k-500k1,5919.4%
100k-200k1,1016.5%
0-100k11,37366.8%
TOTAL17,015100%

Three Key Insights for Salespeople Targeting This Group

  1. High-value targets: 166 companies generate €10M+ in annual revenue, representing premium prospects with significant purchasing power.
  2. Growth segment: The 1,796 companies in the €1M-10M range are often scaling rapidly and actively investing in tools and services.
  3. Volume opportunity: The 0-100k segment (66.8% of companies) offers significant volume potential with appropriate pricing models.

Top 50 Accommodation Companies in the Nordic Region

The following table lists the top 50 companies based on revenue tier, including their country:

Companies

#Company NameCountryWebsiteRevenueEmployees
1Holiday Club Resorts OyFinlandholidayclubresorts.comOver 100MOver 500
2Scandic Hotels AktiebolagSwedenscandichotels.comOver 100MOver 500
3Scandic Hotels OyFinlandscandichotels.fiOver 100MOver 500
4Sokotel OyFinlandsok.fiOver 100MOver 500
5Svenska Mässan Gothia Towers ABSwedensvenskamassan.seOver 100MOver 500
6A/S HINDSGAVLDenmarkhindsgavl.dk10M-100M100-200
7ARTHUR HOTELS A/SDenmarkwww.arthurhotels.dk10M-100M100-200
8Aktiebolaget 30/12-2024Swedenvarbergskusthotell.se10M-100M50-99
9Aktiebolaget Nya Grand HotelSwedengrandhotel.se10M-100M200-500
10Aktiebolaget Tylösands HavsbadSwedentylosand.se10M-100M200-500
11Arken Konferenscenter AktiebolagSwedenarkenhotel.com10M-100M50-99
12BJØRVIKA APARTMENTS ASNorwaybjorvikaapartmentsteaterplassenosol.hotel-official.website10M-100M50-99
13Berns Group ABSwedenberns.se10M-100M100-200
14Best Western Kom Hotel StockholmSwedenkomhotel.se10M-100M11-49
15Blique ABSwedenbliquebynobis.se10M-100M11-49
16CITYBOX OSLO ASNorwaycityboxoslo.hotel-official.website10M-100M50-99
17CLARION HOTEL ENERGY ASNorwaynordicchoicehotels.no10M-100M100-200
18COMWELL BORUPGAARD A/SDenmarkcomwellborupgaard.com-hotel.website10M-100M100-200
19COMWELL H.C. ANDERSEN ODENSE A/SDenmarkcomwell.com10M-100M100-200
20COMWELL HVIDE HUS AALBORG A/SDenmarkcomwellhvidehusaalborg.dk10M-100M100-200
21COMWELL KELLERS PARK P/SDenmarkcomwellkellerspark.dk10M-100M100-200
22COMWELL ROSKILDE A/SDenmarkcomwellroskilde.dk10M-100M100-200
23CP Hotel A/SDenmarkwww.cpcopenhagen.dk10M-100M100-200
24Clarion Hotel & Congress TrondheimNorwaynordicchoicehotels.no10M-100M200-500
25Clarion Hotel Oslo Airport ASNorwayclarionosloairport.no10M-100M200-500
26Clarion Hotel Stockholm ABSwedenclarionhotel.se10M-100M100-200
27Clarion Hotel The HubNorwaynordicchoicehotels.no10M-100M200-500
28Cochleari ABSwedencareerjet.se10M-100M100-200
29Comwell Copenhagen Portside A/SDenmark10M-100M100-200
30DGI HUSET HERNING A/SDenmarkdgi-husetherning.dk10M-100M100-200
31DJN Sverige ABSwedendjuronaset.com10M-100M50-99
32Dyreparken HotellNorwaydyreparken.no10M-100M100-200
33Elite Avenue ABSwedenelite.se10M-100M100-200
34Elite Hotels of Sweden ABSwedenelite.se10M-100MOver 500
35Ellery Beach House ABSwedenellerybeachhouse.com10M-100M100-200
36Experience Säfsen ABSwedensafsen.se10M-100M11-49
37FROGNER HOUSE APARTMENTS ASNorwayfrognerhouse.no10M-100M11-49
38FSB Sweden ABSwedenstrandbaden.se10M-100M100-200
39Farris BadNorwayfarrisbad.no10M-100M200-500
40First Camp Sverige ABSwedenfirstcamp.se10M-100M200-500
41Fru KNorwaythethief.com10M-100M100-200
42Företagsbostäder Sverige AktiebolagSwedenforetagsbostader.se10M-100M11-49
43Förvaltningsaktiebolaget TegelbackenSwedentegelbacken.com10M-100M100-200
44GLO Hotellit OyFinlandglohotels.fi10M-100M50-99
45Generator Hostels Sweden ABSwedenstaygenerator.com10M-100M11-49
46Gest Hotels Sverige ABSwedenhotelreisenstockholm.com10M-100M100-200
47HOTEL D’ANGLETERRE ApSDenmarkhotel-dangleterre-paris.h-rez.com10M-100M200-500
48HOTEL NYBORG STRAND A/SDenmarkwww.nyborgstrand.dk10M-100M200-500
49HOTEL UNION GEIRANGER ASNorwayhotelunion.no10M-100M50-99
50HOTEL VEJLEFJORD A/SDenmarkhotelvejlefjord.dk10M-100M100-200

Subindustries within Accommodation in the Nordic Region

The Accommodation industry in the Nordic region is divided into 6 distinct subindustries:

SubindustryCompaniesPercentage
55.101 Operation of hotels. boarding houses and motels with a restaurant7,99247.0%
55.202 Operation of holiday apartments4,42026.0%
55.300 Operation of campsites2,74016.1%
55.201 Operation of hostels1,0736.3%
55.102 Operation of hotels. boarding houses and motels without a restaurant5063.0%
55.900 Other accommodation2841.7%

The Accommodation industry in the Nordic region is dominated by Operation of hotels. boarding houses and motels with a restaurant, representing 47.0% of all companies. Operation of holiday apartments follows with 26.0% of companies.

Types of Accommodation Companies in the Nordic Region

Distribution of company legal forms across all Nordic countries:

Company TypeCountPercentage
Limited Company (AB)3,82422.5%
Limited Company2,82916.6%
Sole proprietorship1,81610.7%
Sole Proprietorship1,0226.0%
Private limited company9865.8%
Sole Proprietor8324.9%
General Partnership2751.6%
Stock company2541.5%
Association2451.4%
Partnership2241.3%

Key Insights for the Accommodation Industry in the Nordic Region

Key Insights;

Market overview:

With 17,015 companies across four countries, this represents a substantial B2B opportunity in the Nordic accommodation sector.

Geographic distribution:

Sweden leads with 5,245 companies (30.8%), followed by Norway (27.6%), Finland (23.3%), and Denmark (18.2%).

Target audience:

The dominant company form is Limited Company (AB) (22.5%), which typically indicates established businesses with formal structures and decision-making processes.

Specialization opportunity

The top three subindustries (Operation of hotels. boarding houses and motels with a restaurant, Operation of holiday apartments, Operation of campsites) together account for a significant portion of the market, suggesting strong potential for industry-specific solutions.

Summary: Selling Successfully to Accommodation Companies in the Nordic Region

The Nordic accommodation market offers diverse opportunities across four countries with distinct but complementary business cultures.

  • Focus on scalable solutions that work for 1-10 employee companies while having upsell paths for larger enterprises.
  • Target the 166 high-revenue companies (€10M+) for premium offerings and strategic partnerships.
  • Consider country-specific approaches – each Nordic market has unique regulatory and business culture nuances.
  • The accommodation sector is specialized – tailor your approach to specific subindustries like Operation of hotels. boarding houses and motels with a restaurant (7,992 companies) for better resonance with potential clients.

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Frequently Asked Questions about the Accommodation Industry in the Nordic Region

How many accommodation companies are there in the Nordic region?

There are 17,015 accommodation companies across Finland, Sweden, Denmark, and Norway.

Which Nordic country has the most accommodation companies?

Sweden has the most with 5,245 companies (30.8% of the Nordic total).

What is the largest subindustry within accommodation in the Nordic region?

The largest subindustry is 55.101 Operation of hotels. boarding houses and motels with a restaurant, with 7,992 companies (47.0% of the market).

How many large accommodation companies (€10M+ revenue) are there in the Nordic region?

There are 166 companies with €10M+ annual revenue across all Nordic countries.

What is the most common company size in the Nordic accommodation industry?

The most common company size is 1-10 employees, representing 88.7% of all companies in this industry across the Nordic region.