Forecast: Number of Overnight Stays in Hotels or Similar Establishments During Domestic Country Business Trips in Germany

In 2023, the number of overnight stays in hotels or similar establishments during domestic country business trips in Germany stood at approximately 4.21 million. From 2024 onwards, forecasts indicate a gradual decline with the number consistently decreasing each year from 4.2027 million in 2024 to 4.1756 million by 2028. The year-on-year variation shows a slight drop each year, signaling a continuous downward trend over the five-year forecast period. The Compound Annual Growth Rate (CAGR) over these five years demonstrates a subtle negative trend, reflecting a slight but consistent decline in business trip hotel stays.

Future trends to watch for:

• Impact of remote work and hybrid meeting formats on business travel needs.
• Potential economic shifts and their influence on corporate travel budgets.
• Technological advances that may stimulate new business travel demands despite the current decline.