Germany Travel & Tourism Market By Type (Domestic, Inbound and Outbound), By Product/Service Offering (Ticket Reservation, Hotel Booking, Holiday/Tour Packages, Travel Insurance, Others), By Purpose of Visit (Business, Leisure & Recreation, Education, Medical, Social Activity and Others), By Region, Competition, Forecast & Opportunities, 2026
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGermany Travel & Tourism Market By Type (Domestic, Inbound and Outbound), By Product/Service Offering (Ticket Reservation, Hotel Booking, Holiday/Tour Packages, Travel Insurance, Others), By Purpose of Visit (Business, Leisure & Recreation, Education, Medical, Social Activity and Others), By Region, Competition, Forecast & Opportunities, 2026
Germany Travel & Tourism market is anticipated to grow at a rate of steady CAGR for the forecast period, 2022-2026. Germany is considered one of the most popular tourist destinations for native Germans and international visitors. Germany has a diverse landscape, cultural sites. It offers a plethora of opportunities for leisure and sports activities and famous cities like Berlin, Munich, Cologne, Hamburg, which attract many tourists to visit every year.
Germany offers excellent travel opportunities to both domestic and international travelers through various schemes that, in turn, are expected to boost the demand for the Germany Travel & Tourism market in the next five years.
Increasing Expenditure Capacity of Tourists Supports the Market Growth
The improvement in the economic conditions in developing countries and the growing income opportunities in other countries increase tourists' willingness to spend on leisure activities. Tourists invest time and resources to search for popular and affordable tourist destinations and visit places offering quality hospitality services.
Growing internet penetration across the globe and the proliferation of smart devices are increasing consumers' awareness to make the right decisions. Tourists are creating the demand for customized tour packages that are personally tailored according to the need for visiting destinations, budget, and time constraints. Market players are offering these services and providing the tourists with other additional benefits to boost the sales of their holiday packages.
Germany’s Diversity Attracts Tourists from All Over the World
Germany boasts of excellent seaside resorts and several travel hotspots, and the developing tourist regions are planning to capitalize on the growing demand to visit Germany as a tourist destination. Germany is popular for hiking and other sports activities, such as the country's central uplands for hiking trips and the Elbe sandstone mountains in Saxony, which are highly popular among climbers.
Most international visitors in Germany come from the Netherlands, the United States, Switzerland, Austria, and the United Kingdom. Specific tourist destinations are in high demand among tourists, such as Bavaria, North Rhine-Westphalia, Baden-Württemberg, and Berlin, attracting many tourists every year to visit the country.
Growing Use of Digital Services Boost the Market Demand
Travel & tourism industry market players are using digital services to promote their brand and expand their consumer base. Market players are making high-end investments in developing online websites and mobile applications to provide travel & tourism services all over the globe. Information about the famous tourist destinations and the availability of customer service executives explaining and solving tourists' queries are expected to increase the online traffic on these online traveling channels.
Tourists can easily explore the found at options and make the right choices on the basis of the cost of traveling, tickets, travel restrictions, transport, and accommodation facilities. Market players provide cashless payment options and offer lucrative discounts on traveling packages to attract tourists to purchase online sales channels. The use of advanced technologies such as artificial intelligence, big data analytics, machine learning, blockchain technology, which collects essential information and generates insights, helps in better customer engagement and providing enhanced services to the potential tourists.
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Market Segmentation
The Germany travel & tourism market is segmented on the basis of type, product/service offering, purpose of visit, regional distribution, and company. Based on the type, the market is divided into domestic, inbound, and outbound. Based on the product/service offering, the market is divided into ticket reservation, hotel booking, holiday/tour packages, travel insurance, others. Based on the purpose of visit, the market is divided into business, leisure & recreation, education, medical, social activity, and others. To analyze the market based on the region, the Germany travel & tourism market is studied in major regions namely Western region, Central region, Eastern region, and Rest of Germany.
Market Players
TUI Deutschland GmbH, GBT Germany GmbH, BCD Travel Germany GmbH, CWT Beheermaatschappij BV Germany, DER Touristik Central Europe GmbH, FTI Touristik GmbH, alltours Flugreisen GmbH, AIDA Cruises - German Branch of Costa, Crociere SpA, schauinsland-Reisen gmbh, Airbnb Germany GmbH, are among the major market players in Germany that lead the market growth of the Germany travel & tourism market.
| Attribute | Details |
| Base Year | 2020 |
| Historic Data | 2016 – 2019 |
| Estimated Year | 2021 |
| Forecast Period | 2022 – 2026 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2016-2020 and 2021-2026 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered |
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| Regional Scope | Western, Central, Eastern, Rest of Germany |
| Key Companies Profiled | TUI Deutschland GmbH, GBT Germany GmbH, BCD Travel Germany GmbH, CWT Beheermaatschappij BV Germany, DER Touristik Central Europe GmbH, FTI Touristik GmbH, alltours Flugreisen GmbH, AIDA Cruises - German Branch of Costa, Crociere SpA, schauinsland-Reisen gmbh, Airbnb Germany GmbH |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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