Forecast: Household Expenditure on Accommodation Services in Germany

In 2023, household expenditure on accommodation services in Germany was slightly lower than the forecasted value for 2024. With values forecasted to rise from 237 euros per capita in 2024 to 253 euros per capita in 2028, there is a steady year-on-year increase, averaging a growth of approximately 1.65% annually over the five-year period. This indicates a gradual recovery or growth phase likely driven by increased demand and inflationary adjustments.

Future trends to watch for include:

  • Impact of inflation on household budgets
  • Tourism trends influencing demand for accommodation services
  • Potential economic factors affecting disposable income

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