Forecast: Number of Overnight Stays in Rented Accommodations During Outbound Business Trips in France

In 2023, the number of overnight stays during outbound business trips in France was firmly rooted before entering the forecast period beginning in 2024. From 2023 to 2024, the sector predicted a moderate growth, establishing the groundwork for continued increases through 2028. Each year, the forecast anticipates a steady rise in overnight stays, with annual growth rates showing incremental increases. The cumulative annual growth rate (CAGR) over this five-year period underscores a stable upward trajectory in the market fueled by evolving business travel dynamics.

Future trends to watch for include:

• Technological advancements in booking and travel management might further boost business travel.
• Economic factors, such as inflation and currency fluctuations, could affect travel budgets and accommodations.
• Increased focus on sustainable travel practices might alter preferences and choices of accommodations.