Forecast: Number of Overnight Stays in Own Holiday Homes During Domestic and Outbound Visits to Friends and Relatives in Germany

The number of overnight stays in own holiday homes during domestic and outbound visits to friends and relatives in Germany is forecasted to grow steadily from 2024 to 2028. The projected values indicate a continuous increase, starting at 2.042 million trips in 2024 and reaching 2.319 million trips in 2028. This progression suggests a year-on-year growth rate of approximately 3.5% to 3.6%. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 3.6%, highlighting a consistent upward trend compared to 2023's actual data, which provides a baseline for the anticipated increase.

Future Trends to Watch For:

• Growth in domestic tourism and the appeal of individualized travel experiences may further boost stays in holiday homes.
• Potential shifts in consumer behavior due to economic conditions or environmental concerns could impact the forecasted growth.
• The influence of remote work and increased flexibility might increase the demand for vacation homes for extended stays.
• Advancements in digital booking platforms and property management technologies could streamline the process, making holiday homes more attractive to travelers.