Industry · municipality
The Hotel Industry in Eidsvoll: Current Status and Outlook
Economic overview, companies, and development trends in the hotel sector in Eidsvoll, Viken county. Outlooks for entrepreneurs and local decision-makers in 2026 and beyond.
Executive Summary
The hotel industry in Eidsvoll is a small but historically significant sector with five registered companies. In recent years, the industry has been marked by significant declines in sales and number of employees, indicating challenges related to tourism and economic conditions. Nevertheless, there are established players such as Best Western Letohallen Hotel, which has been in operation since 1995. Prospects for new entrants are uncertain, but there is potential to leverage existing infrastructure and local conditions.
Economic Overview
Sales Development
Sales in the hotel sector in Eidsvoll gradually increased from 2016 to 2019, reaching a peak of NOK 28.7 million in 2019. This was followed by a sharp decline of -43.8% in 2020, likely due to the pandemic. Although there was a partial recovery in 2021, sales dropped to NOK 68,000 in 2022 and NOK 7,000 in 2023, showing a steep decline of -99.6% from 2021 to 2022.
Employment
The number of employees fluctuated between 2016 and 2020, peaking at 60 employees in 2020. From 2020 onward, the number has sharply declined, with 7 employees in 2026. The most significant decline was -43.3% from 2023 to 2024.
Companies in the Industry
Registered Companies
There are 5 companies registered in the hotel industry in Eidsvoll, with the following organizational forms:
| Company | Address | Organizational Form | Employees | Bankrupt? |
|---|---|---|---|---|
| Best Western Letohallen Hotel | Kolonivegen 43, Dal | AS | 6 | No |
| Eidsvoll Comfort Stay As | Stensbyvegen 22, Minnesund | AS | 0 | No |
| Oslo Airport Motel As | Stensbyvegen 22, Minnesund | AS | 0 | No |
| Romerike Lodging As (2020) | Stensbyvegen 22, Minnesund | AS | 0 | No |
| Romerike Lodging As (2012) | Stensbyvegen 22, Minnesund | AS | 0 | No |
Financial Challenges
Several companies show negative figures, such as Oslo Airport Motel As with EBITDA of -NOK 37,000 and Romerike Lodging As (2012) with EBITDA of +NOK 11,000. There are no registered bankruptcies in the industry, but several companies have negative operating results.
Business Geography
Distribution by Location
Hotel activity in Eidsvoll is concentrated in two main areas:
- Dal: 1 company (Best Western Letohallen Hotel) with 6 employees.
- Minnesund: 4 companies (Eidsvoll Comfort Stay As, Oslo Airport Motel As, Romerike Lodging As (2020 and 2012)), but no employees.
There is no sales or operational data for Minnesund, but there are several companies in this area, which may indicate a potential growth region.
Business Dynamics
Dynamics and Bankruptcies
The industry has been marked by significant declines in both sales and number of employees, especially from 2020 onward. Although there are no registered bankruptcies, several companies show negative operating results, such as Oslo Airport Motel As with EBITDA of -NOK 37,000. This indicates economic challenges for many players, but there are no bankruptcies in the period 2016–2026.
Outlook
Outlook for New Entrants
The hotel industry in Eidsvoll has been marked by significant declines in sales and number of employees, which may make it challenging for new entrants. Nevertheless, there may be opportunities to leverage existing infrastructure and local conditions. It is, however, important to be aware of the economic challenges, such as negative operating results at several companies. SmartGrunder can help entrepreneurs find suitable addresses in Eidsvoll for this industry.
Outlook for Accommodation
Comparison with Accommodation
The broader accommodation industry in Eidsvoll has 9 companies, while the hotel industry has 5 companies. Sales in accommodation have a slightly better development than hotels, with NOK 431,810 in 2025 compared to NOK 7,000 for hotels. Nevertheless, both sectors have been marked by significant declines after 2020.
Peer Companies in Accommodation
| Company | Address | Industry | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Storenga As | Østsidavegen 860, 2092 Minnesund | camping | NOK 433,000 | 1 | NOK 310,000 |
| Anike Rentals As | Teievegen 23, 2070 Råholt | short-term cabins | NOK 0 | 0 | NOK 0 |
| Hamar Og Hedemarken Turistforening Morskogen Vokterbolig | Trondheimsvegen 630, 2092 Minnesund | camping | NOK 0 | 0 | NOK 0 |
| Lauv Opplevelser As | Øverbygdvegen 161, 2093 Feiring | short-term cabins | NOK 0 | 0 | NOK 0 |
This shows that the accommodation sector has a more diversified structure, with both camping and short-term cabins, while the hotel industry is less developed.
Other companies in overnatting (not in hotel)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Storenga As | camping | Østsidavegen 860, 2092 Minnesund | NOK 433.0K | 1 | NOK 310.0K |
| Anike Rentals As | short stay cabins | Teievegen 23, 2070 Råholt | NOK 0 | 0 | NOK 0 |
| Hamar Og Hedemarken Turistforening Morskogen Vokterbolig | camping | Trondheimsvegen 630, 2092 Minnesund | NOK 0 | 0 | NOK 0 |
| Lauv Opplevelser As | short stay cabins | Øverbygdvegen 161, 2093 Feiring | NOK 0 | 0 | NOK 0 |
Conclusion
The hotel industry in Eidsvoll has been marked by significant declines in sales and number of employees, but there are established players who can provide experience and infrastructure. Prospects for new entrants are uncertain, but there is potential to leverage local conditions and existing structures. It is important to be aware of the economic challenges, and SmartGrunder can help entrepreneurs find suitable addresses in Eidsvoll for this industry.