The number of overnight stays in non-rented accommodations during domestic business trips in France is projected to decrease steadily from 2024 to 2028, with values dropping from 1.2183 million in 2024 to 1.0381 million in 2028. This indicates a consistent downward trend with year-on-year percentage declines. When observing over the two-year span leading up to 2023, there was a notable change, and the Compound Annual Growth Rate (CAGR) over the five-year forecast period backs this contraction.
Future trends to watch include:
- The impact of remote working and virtual meetings reducing the need for business travel.
- Potential changes in corporate travel policies focusing on sustainability may discourage non-essential travel.
- Developments in the global economic environment influencing business trip frequencies.
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