Forecast: Number of Hotels Bedplaces in Germany

In 2023, the number of hotel bedplaces in Germany stood at a reference value that provides the basis for future projections. From 2024 to 2028, the forecast indicates a consistent annual decline in the number of hotel bedplaces, with change-on-previous-period values decreasing from 0.46 to 0.37. This decreasing trend reflects a significant contraction over the years, with a year-on-year reduction evident, although specific percentage variations have not been detailed in the data provided. The compound annual growth rate (CAGR) indicates a continuing downward trajectory.

Future trends to watch for include the impact of shifting consumer preferences towards alternative accommodations such as short-term rentals, technological advancements disrupting traditional hospitality models, and potential economic fluctuations affecting travel and tourism in Germany. Monitoring these factors will be critical to understanding the evolving dynamics within the hotel industry.