Report Germany Travel Market Report 2020-2024

Germany Travel Market Report 2020-2024

Published:
February 2021
Research Type:
Report
Figures:
6
Segments:
Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & Packages
Regions:
Europe
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Summary

COVID-19 brought the burgeoning German travel market back to a hard reality, as 2020 gross bookings were projected to plummet 62%. Still, the country's solid economic foundation leaves Germany in a strong position to remain Europe's largest travel market, as the pandemic eases and a multi-year recovery begins in 2021.

This report provides an overview of the German travel market, including key developments, market characteristics, distribution trends and major players in each segment.

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

Analysts
Ralph Merten
Ralph Merten
Karen Burka
Karen Burka