The forecast for the number of overnight stays in rented accommodations during outbound holiday trips from Italy shows a gradual decline from 2.0703 million trips in 2024 to 2.0102 million trips by 2028. The data reveals a steady decrease, with year-on-year variations ranging between 0.75% and 0.78%. The compound annual growth rate (CAGR) indicates an average annual decline of around 0.74% over these five years, assuming 2023's figure is slightly above 2024's, suggesting a shift towards either shorter trips or varying travel preferences.
Future trends to watch for include:
- The influence of economic factors on travel budget allocations.
- The role of technology in offering alternative accommodations.
- Changing travel preferences post-pandemic, seeking closer destinations.
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