Forecast: Number of Tourist Accommodations Establishments in Germany

As of 2023, the number of tourist accommodation establishments in Germany stood at an unspecified value. Forecasted figures from 2024 to 2028 show a steady decline, from 48.58 thousand establishments in 2024 to 47.67 thousand by 2028. This downward trend reflects an average year-on-year decrease of approximately 0.47%, with a compound annual growth rate (CAGR) similarly trending negatively over this period.

Future trends to watch include:

  • The impact of economic conditions on the tourism sector and accommodation industry could either exacerbate or mitigate this downward trend.
  • Sustainability and environmental policies may influence the restructuring and development of new accommodations.
  • Technological advancements could reshape hospitality services, potentially altering demand patterns.

Top Countries about Travel Accommodation