Industry · municipality
The Hotel Industry in Holmestrand: An Analysis of Current Activity and Outlooks
Market Data, Companies, and Outlooks for Entrepreneurs and Local Decision-Makers
Brief Overview of the Hotel Industry in Holmestrand
The hotel industry in Holmestrand has been marked by a dramatic decline since 2018. Although there was a brief increase in 2017, activity quickly collapsed, with zero employees and zero sales from 2019 onward. This indicates a highly unstable industry, where some businesses have managed to survive while others have left the market. Future development prospects are uncertain, but there are opportunities in adjacent sectors within accommodation, such as camping and short-term rentals.
Economic Overview: Sales and Employees
Sales and Employees
Sales:
- 2016: NOK 12.1 million
- 2017: NOK 11.3 million
- 2018: NOK 0
- 2019–2025: NOK 0
Employees:
- 2016: 34 employees
- 2017: 41 employees
- 2018: 19 employees
- 2019: 3 employees
- 2020–2025: 0 employees
Annual Changes
- Sales: Decreased by 7.0% from 2016 to 2017, and by 100.0% from 2017 to 2018.
- Employees: Increased by 20.6% from 2016 to 2017, but decreased by 53.7% from 2017 to 2018 and 84.2% from 2018 to 2019.
Conclusion
The hotel industry in Holmestrand has been marked by a sharp decline, especially after 2018. There is no activity in sales or employees from 2019 onward, indicating a long-term decline in the sector.
Companies in the Industry
There are no registered businesses in the hotel sector in Holmestrand after 2018. No businesses in this sector have been registered in the municipality from 2019 onward. This indicates that there is no activity in the sector today. No business entity forms have been registered for hotel sector businesses in Holmestrand.
Business Geography
There is no available data on the distribution of hotel businesses by city or location in Holmestrand. No businesses in the hotel sector have been registered in the municipality from 2019 onward, indicating that there is no activity in the sector today.
Business Dynamics
There is no available data on bankruptcy statistics or bankrupt companies in the hotel sector in Holmestrand. However, there has been a sharp decline in activity in the sector, with zero employees and zero sales from 2019 onward. This may indicate that some businesses have left the market, but there is no registered bankruptcy in the sector.
Outlooks for Entrepreneurs
The hotel industry in Holmestrand has been marked by a sharp decline, with zero employees and zero sales from 2019 onward. This indicates that there is no activity in the sector today. For entrepreneurs considering starting a business in the hotel sector in Holmestrand, it is important to consider the significant challenges in the sector. However, there are opportunities in adjacent sectors within accommodation, such as camping and short-term rentals, which have shown more stable development.
Outlooks for the Accommodation Sector
Broader Accommodation Sector
- Number of Companies: 10 companies
- Sales: NOK 14.0 million in 2016, NOK 22.5 million in 2025
- Employees: 38 employees in 2016, 21 employees in 2026
Development
- Sales: Decreased by 5.0% from 2016 to 2017, but increased by 164.6% from 2023 to 2024.
- Employees: Decreased by 51.1% from 2017 to 2018, but increased by 16.7% from 2025 to 2026.
Peer Companies
| Name | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|
| Embra Omsorg As Avd Holmestrand | Strandholmen 4, 3080 Holmestrand | NOK 16.7M | 15 | NOK 2.5M |
| Holm Brygge As | Holmsåsveien 17, 3072 Sande I Vestfold | NOK 1.6M | 0 | NOK 424.0K |
| Sand Bade Og Campingplass As | Nedre Sandsvei 16, 3080 Holmestrand | NOK 3.1M | 9 | NOK 170.0K |
This shows that the accommodation sector has a more stable development than the hotel sector, with growing sales and a gradual increase in the number of employees. This may indicate that there are opportunities in adjacent sectors within accommodation, such as camping and short-term rentals.
Other companies in overnatting (not in hotel)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Embra Omsorg As Avd Holmestrand | short stay apartments | Strandholmen 4, 3080 Holmestrand | NOK 16.7M | 15 | NOK 2.5M |
| Holm Brygge As | camping | Holmsåsveien 17, 3072 Sande I Vestfold | NOK 1.6M | 0 | NOK 424.0K |
| Sand Bade Og Campingplass As | camping | Nedre Sandsvei 16, 3080 Holmestrand | NOK 3.1M | 9 | NOK 170.0K |
| At Litva Lt Julius Abramovas | camping | Fjordveien 19B, 3080 Holmestrand | NOK 0 | 0 | NOK 0 |
| Dnt Drammen Og Omegn Camp Killingen | camping | Killingholmen 66, 3077 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Team Høydahl | other accommodation | Selvikåsen 30, 3077 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Tyristua | camping | Bjørnemyr, Holmestrand, 3080 | NOK 0 | 0 | NOK 0 |
| Yngve Høydahl | camping | Skjervikveien 22, 3072 Sande I Vestfold | NOK 0 | 0 | NOK 0 |
| Bjørløw Campingdrift As | camping | Nordre Holmsvei 20, 3072 Sande I Vestfold | NOK 1.2M | 0 | NOK -53.0K |
| Fishermans House As | camping | Ekeberghagen 17, 3083 Holmestrand | NOK 421.0K | 0 | NOK -130.0K |
Conclusion
The hotel industry in Holmestrand has been marked by a sharp decline, with zero employees and zero sales from 2019 onward. This indicates that there is no activity in the sector today. However, the accommodation sector has shown a more stable development, with growing sales and a gradual increase in the number of employees. This may indicate that there are opportunities in adjacent sectors within accommodation, such as camping and short-term rentals. Entrepreneurs considering starting a business in Holmestrand should consider these opportunities. SmartGrunder can help entrepreneurs explore addresses in the municipality for this type of business.