The forecast indicates a consistent decline in the number of overnight stays in non-rented accommodations during domestic business trips in Germany from 2024 to 2028, decreasing from 660,370 trips to 576,980 trips. In 2023, this number stood at an actual value of approximately 683,000 trips. Year-on-year variation shows a downward trend, with the average Compound Annual Growth Rate (CAGR) reflecting a steady decline over five years. This suggests a persistent reduction in the preference or necessity for such accommodations on business trips.
Future trends to watch for include potential shifts in business travel patterns, such as increased virtual meetings, which may further reduce the demand for overnight stays. Additionally, evolving corporate travel policies emphasizing sustainability and cost efficiency could influence this trend significantly.
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