The forecast for the number of overnight stays in rented accommodations during outbound business trips from Germany shows a gradual decline from 2024 to 2028. In 2024, the figure is expected to be 2.0917 million trips, decreasing each year to 1.961 million by 2028. The year-on-year change reflects a steady negative trend, with a cumulative annual growth rate (CAGR) indicating a consistent downturn over this period. Compared to 2023, these figures suggest a shift in business travel behavior, with fewer overnight stays anticipated.
Future trends to watch for include the impact of remote work on business travel needs and potential changes in international travel regulations. Additionally, economic factors and organizational travel budgets post-pandemic may further influence these numbers, along with advancements in virtual meeting technologies that could reduce the necessity for in-person business trips.
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