Forecast: Number of Overnight Stays in Non-Rented Accommodations During Domestic and Outbound Visits to Friends and Relatives in Italy

In 2023, overnight stays in non-rented accommodations during visits to friends and relatives in Italy were slightly above 5.1 million trips. From 2024 onwards, the data forecasts a gradual decline, with 5.0898 million trips expected in 2024, decreasing to 4.7239 million by 2028. Year-on-year variation shows a marginal decrease mainly ranging between -1.85% and -2% annually, indicating a steady downward trend. The compound annual growth rate (CAGR) over the five-year period shows an average decrease of approximately -1.9% per year, reflecting a consistent decline.

Future trends to watch for include potential impacts of economic conditions on domestic travel, changes in social behavior influencing visits to friends and relatives, and any significant shifts in international relations affecting outbound travel. These factors may alter the projected path either towards stabilization or further decline in non-rented accommodation stays.