The number of overnight stays in non-rented accommodations during domestic and outbound business trips in Germany is forecasted to decline from 826.35 thousand trips in 2024 to 742.8 thousand trips by 2028. This represents a steady reduction year-on-year, indicating a diminishing trend in this travel segment. The decline in overnight stays reflects an average annual decrease of approximately 2.6% compounded over the five-year period from 2024 to 2028, consistent with evolving business travel patterns possibly due to increased remote work and digital meetings.
Future trends to watch for include:
- The potential impact of hybrid work models on business travel demand.
- The influence of economic conditions on corporate travel budgets.
- The development of sustainability practices affecting travel policies.
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