The forecast analysis for the number of overnight stays in rented accommodations during outbound holiday trips by Italians from 2024 to 2028 indicates a gradual declining trend. In 2023, the actual value was approximately at the level of the 2024 forecast. From 2024, a decrease in the annual number of trips is observed, with the figures dropping slightly each year from 1.7396 million trips in 2024 to 1.6903 million trips by 2028.
Year-on-year percentage variations highlight a subtle, consistent contraction in the number of trips. The compound annual growth rate (CAGR) over these five years reveals a slow but steady decline, emphasizing a shrinking preference for renting accommodations abroad.
Future trends to watch for:
- Impact of economic changes on travel budgets and preferences of Italian tourists.
- Potential shifts towards domestic holiday stays or alternative accommodation arrangements.
- Developments in global travel restrictions and ongoing effects of geopolitical factors.
- Technological advancements influencing the travel and accommodation industry.
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