The forecasted number of overnight stays in own holiday homes during domestic and outbound holiday trips in Italy shows a gradual decline from 2024 to 2028. In 2023, the actual count stood notably higher than forecasted figures in subsequent years. The trend exhibits a year-on-year decrease of approximately 1.5% from 2024 to 2028. The compound annual growth rate (CAGR) indicates an average annual decline of about 1.5% over this five-year period.
Future trends to watch:
- Changes in travel preferences post-pandemic could further impact these forecasts, potentially reversing or accelerating declines.
- The role of economic factors such as inflation rates and disposable income changes, which might alter domestic travel behaviors.
- Emerging trends in sustainable tourism might also influence the popularity of staying in personally owned holiday homes.
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