The turnover of short-stay accommodations in Germany has generally shown positive growth from 2013 to 2023, standing at €3.32 billion in 2023. Despite a significant decline of 25.73% in 2020 due to global disruptions, the market rebounded with a 21.55% increase in 2021 and continued growth. The compound annual growth rate (CAGR) over the last five years was 4.08%, indicating steady recovery and growth. The forecast suggests a CAGR of 2.77% from 2024 to 2028, with an anticipated growth of 14.64% over this period.

Future trends to watch for:

Impact of evolving customer preferences for sustainable and unique lodging experiences.
Technological advancements in booking and accommodation services.
Potential disruptions from global events and economic fluctuations.