The Hotel Industry in Stange: Economy, Companies, and Outlook

Overview of the Hotel Industry in Stange

The hotel industry in Stange is a small but variable sector with two registered companies. In 2025, there are a total of 11 employees in the industry, with annual revenue of approximately NOK 3.8 million. The industry has been marked by significant variations over time, with a sharp decline in 2020 and a gradual increase since. There is a clear difference between the two companies in terms of financial results and organizational forms.

Annual Revenue and Employees:

• 2025: NOK 3.8 million in sales revenue, 11 employees
• 2024: NOK 3.2 million, 14 employees
• 2023: NOK 2.3 million, 9 employees

Trend Analysis:

• Sales revenue has increased by 21.3% from 2024 to 2025, but had a sharp decline of 26.1% from 2022 to 2023.
• Employees have varied significantly, with an increase of 55.6% from 2023 to 2024, but a decline of 21.4% from 2024 to 2025.

Critical Point: In 2020, the industry experienced an extreme decline of 98.7% in sales revenue, but a sharp increase of 3151% in 2021, indicating a major impact from the pandemic and subsequent reopening.

Registered Companies:

1. Bryhni Søndre Eva Kragnes (ENK) – Brynivegen 53, Stange

• 6 employees, no financial data available

1. Biri Arena Overnatting As (AS) – Tunbekkvegen 11, Ottestad

• 3 employees, NOK 2.9 million in sales revenue, NOK 1.2 million in EBITDA

Organizational Forms:

• ENK: 1 company, 6 employees
• AS: 1 company, 3 employees

Note: There are no registered bankruptcies in the industry, but there are significant differences in financial health between the companies.

Distribution by Suburb:

Analysis:

• Ottestad has a clear economic advantage over Stange, with both higher sales revenue and EBITDA.
• Stange has no available financial data for the one company, which may indicate lower activity or lack of reporting.

Bankruptcy Statistics:

• No registered bankruptcies in the hotel industry in Stange.
• Biri Arena Overnatting As has a high debt of NOK 4.2 million, but is still in operation.

Stability:

• Biri Arena Overnatting As has an EBITDA margin of 43%, indicating a relatively strong financial position.
• Bryhni Søndre Eva Kragnes has no available financial data, which may be a challenge for investors.

Outlook for Entrepreneurs

Short-term Trends:

• The industry has shown a gradual increase after 2020, with a 21.3% increase in 2025.
• Ottestad has proven to be a more stable suburb with higher income and EBITDA.

Potential Challenges:

• Large variations in sales revenue and number of employees.
• Lack of financial data for some companies may be a challenge for new entrepreneurs.

Recommendation: Entrepreneurs should consider focusing on Ottestad and ensure good financial reporting to ensure stability.

Outlook for Accommodation Companies

Broader Industry (Accommodation):

• Number of Companies: 9 (hotels: 2, camping: 3, short-term cabins: 4)
• Annual Revenue 2025: NOK 15.8 million
• Employees 2025: 30

Competing Companies:

Conclusion: Accommodation companies in Stange have a more stable development than the hotel industry, with stronger economic growth in 2025. Entrepreneurs should consider expanding into the camping or cabin industry for better stability.

The hotel industry in Stange is a small but variable sector with growth potential, especially in Ottestad. There is a clear difference in financial health between the companies, and entrepreneurs should consider focusing on suburbs with better economic results. At the same time, attention should be paid to the large variations in sales revenue and number of employees. SmartGrunder can help entrepreneurs find suitable addresses in Stange for this industry.