In keeping with the Latvian Central Statistical Bureau, the variety of nights spent by friends in Latvian lodges and different vacationer lodging amenities elevated by 6.1% within the first 9 months of this yr in comparison with the identical interval in 2023, reaching a complete of three.717 million nights. Whereas the variety of overseas friends within the nation is on the rise, it stays considerably beneath the pre-pandemic ranges, in accordance with statisticians.
Within the first 9 months of 2024, the variety of nights spent by foreigners in Latvian lodges and different vacationer lodging elevated by 8.6% in comparison with the identical interval in 2023, reaching 2.235 million nights. Moreover, the nights spent by residents in these lodging rose by 2.5%, totaling 1.482 million nights.
Total, Latvian vacationer lodging amenities served 2.142 million friends within the first 9 months of this yr, a ten.6% improve from the identical interval in 2023. This included a 13.5% improve in overseas friends, totaling 1.254 million, whereas the variety of residents served rose by 6.7%, reaching 888,700.
Nonetheless, in comparison with the identical interval in 2019, earlier than the pandemic, the general variety of friends served in vacationer lodging throughout the first 9 months of 2024 was 5.7% decrease. Particularly, the variety of overseas friends decreased by 19.4%, whereas the variety of home vacationers elevated by 23.9%. Moreover, the typical keep for friends in these amenities was 15% shorter than within the first 9 months of 2019, with in a single day stays for overseas friends reducing by 27%.
September’s Quantity Seems Promising
In September of this yr, the variety of nights spent by friends in Latvian lodges and different vacationer lodging amenities elevated by 6.9% in comparison with September 2023, reaching 393,400 nights. Of those, nights spent by overseas friends rose by 9%, totaling 251,600 nights, whereas nights spent by residents elevated by 3.4%, amounting to 141,800 nights.
In September, 232,300 friends have been accommodated in Latvia, which was an 11.7% improve from September 2023. This included a major 16.6% rise within the variety of overseas friends served, totaling 144,000, whereas the variety of residents served additionally grew by 4.5%, reaching 88,300.
The common keep for overseas vacationers in September this yr was 1.8 nights, a slight lower from 1.9 nights in September of the earlier yr. For native friends, the typical size of keep remained constant at 1.6 nights, the identical as in September 2023.
Lithuania Is the Largest Supply Market
Essentially the most vital overseas vacationers got here from Lithuania, totaling 21,100 guests. This was adopted by Germany with 17,100 vacationers, Estonia with 12,900, the UK with 9,100, Finland with 7,900, Poland with 7,300, Spain with 6,400, the USA with 6,200, Sweden with 5,600, and Norway with 4,800.
Riga acquired the very best proportion of overseas friends, accounting for 76.5% of all guests. Following Riga have been Jurmala with 7.4%, Liepaja with 2.7%, Marupe Area with 2.4%, Sigulda Area with 1.7%, and Ventspils with 1.1%.
Riga was additionally the preferred vacation spot for home vacationers, attracting 30.1% of native friends. After Riga, the highest selections for native vacationers included Jurmala with 9.2%, Liepaja with 6.2%, Cesis Area with 4.7%, Kuldiga Area with 3.6%, Daugavpils with 3.2%, and Sigulda Area with 3.1%.
The common occupancy charge of Latvian lodges and comparable amenities throughout the nation in September was 46%, a rise of 0.2 proportion factors in comparison with September of the earlier yr. In Riga, the occupancy charge was 60.2%, reflecting a rise of 1.7 proportion factors.
Riga Depends on the 2025 European Championship
There are excessive hopes for a significant sporting occasion scheduled to happen within the Latvian capital in 2025. The ultimate event of the 2025 European Championship is about to happen from August 27 to September 14, 2025, that includes 24 groups. Within the preliminary stage, these groups will probably be divided into 4 teams, every containing six groups. The group levels will happen in Riga (Latvia), Limassol (Cyprus), Tampere (Finland), and Katowice (Poland).
The highest groups (4) from every group will transfer to the playoffs, which will probably be held in Riga. The playoffs will consist of 4 levels: the spherical of sixteen, the quarterfinals, the semifinals, and the ultimate, in addition to the match for the bronze medals.
