The number of short-stay accommodation establishments in Germany is forecasted to grow marginally from 15.22 thousand in 2024 to 15.45 thousand in 2028. In 2023, the actual number stood at approximately the same level as the 2024 forecast. This represents an average Compound Annual Growth Rate (CAGR) of approximately 0.39% over the forecasted period, showcasing steady but slow growth across the five years.
Future trends to watch for include:
- Possible impacts of regulatory changes in the hospitality sector that may affect the number of new short-stay establishments.
- The influence of the sharing economy and platforms like Airbnb on traditional accommodation establishments.
- The role of tourism trends and economic conditions in affecting demand for short-stay accommodations.
