Report Germany Travel Market 2020-2024: By the Numbers

Germany Travel Market 2020-2024: By the Numbers

Published:
February 2021
Research Type:
Report
Figures:
21
Segments:
Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Tours & Packages
Regions:
Europe
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Summary

Germany's online travel bookings plummeted 59% in 2020, as the coronavirus pandemic wreaked havoc across all segments. But with lockdowns forcing many German consumers to increase their internet use for a range of digital purchases, online penetration was expected to rise to 50% of travel gross bookings in 2020, and the share of online revenue will continue to climb in the coming years.

This report provides current data, charts and analysis on the German travel market, with sizing and projections from 2020-2024.

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For more on the European travel marketplace, check out the following:

Analysts
Ralph Merten
Ralph Merten
Karen Burka
Karen Burka