In 2023, the number of overnight stays in rented accommodations during outbound trips by Germans stood at 2.6901 million trips. Forecasted data from 2024 to 2028 shows a steady decline in this number, from 2.6298 million in 2024 to 2.4024 million in 2028. Year-on-year percentage changes indicate a continuous decrease, highlighting a trend of diminishing interest or affordability in such accommodations. The compound annual growth rate (CAGR) over these forecasted years is negative, indicating an average annual decline.
Future trends to watch for:
- Increasing preference for domestic or alternative travels due to economic or environmental factors.
- Potential changes in international travel regulations affecting outbound trips.
- Growth in emerging markets that could affect German travel patterns.
- Technological advancements in virtual travel experiences.
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