Forecasts indicate a steady increase in the number of overnight stays in rented accommodations during visits to friends and relatives in Germany. Starting from 3.4587 million trips in 2024, the value grows to 3.6855 million by 2028. This trend signifies a consistent upward trajectory with slight annual increments.
The year-on-year growth rates reveal marginal increases, underscoring stable demand growth for rented accommodations during these trips. The Compound Annual Growth Rate (CAGR) over the five-year period confirms a moderate upward trend, reflecting gradual growth in domestic travel stays.
Future trends to watch for include the impact of economic changes, potential shifts in societal behaviors post-pandemic, and technological advancements in travel and accommodation sectors, which could influence these forecasts significantly.
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