The forecast for the number of overnight stays in own holiday homes during domestic family trips in Italy from 2024 to 2028 shows a steady decline. The estimated figures decrease from 2.6365 million trips in 2024 to 2.1888 million trips in 2028. Compared to the 2023 actual data, this reflected a downward trend.
The year-on-year variations indicate a consistent negative growth, with annual declines of approximately 4.4% from 2024 to 2028. The compound annual growth rate (CAGR) for this period is calculated at a recessionary rate, showing a decreasing preference or feasibility for such trips among Italians.
Future trends to watch for:
- Potential impact of economic factors on domestic travel.
- Changing vacation preferences due to external influences such as remote work.
- Evolving competitive dynamics within the domestic tourism sector.
- Environmental considerations and sustainable travel trends influencing travel decisions.
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