Analyzing the forecasted nights spent by foreigners at hotels in Germany from 2024 to 2028, there is a steady year-on-year increase. For 2024, the forecast value is 12.74, increasing to 13.17 in 2025, 13.6 in 2026, 14.03 in 2027, and 14.45 in 2028. Comparing these values with 2023 is crucial for understanding the trends.
The projected year-on-year variations over the last two years are as follows:
- 3.4% increase from 2024 to 2025.
- 3.3% increase from 2025 to 2026.
- 3.2% increase from 2026 to 2027.
- 3.0% increase from 2027 to 2028.
The last 5-year CAGR, indicating the average annual growth, is approximately 3.2%, signifying consistent growth in foreign hotel nights in Germany.
Future trends to watch for:
- Potential impacts of global economic conditions on tourism.
- Technological advancements in travel and accommodation booking.
- Policy changes affecting international travel and tourism within Europe.
- Emerging tourism markets and growing interest in Germany as a tourist destination.