In 2023, the number of overnight stays in own holiday homes during domestic family trips in Germany was 8.5 million. The forecast data shows a steady increase, with the number projected to reach 9.6918 million by 2028. Year-on-year growth is expected to range from 2.9% to 2.6% between 2024 and 2028, reflecting a consistent upward trend. The compounded annual growth rate (CAGR) over this period is anticipated to be around 2.2%, indicating a healthy growth trajectory for the sector.
Future trends to watch for include:
- Potential impacts of economic fluctuations on domestic travel.
- Shifts in consumer preferences towards sustainable and local tourism.
- Technological advancements improving the accessibility of holiday homes.
- Regulatory changes affecting the holiday home market.
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