PUBLISHER: GlobalData | PRODUCT CODE: 1121437
PUBLISHER: GlobalData | PRODUCT CODE: 1121437
GlobalData's Germany Source Tourism Insight Report including International Departures, Domestic Trips, Key Destinations, Trends, Tourist Profiles, Analysis of Consumer Survey Responses, Spend Analysis, Risks and Future Opportunities, 2022 Update report provides a thorough insight into Germany's domestic and outbound tourism market. The report looks at the profiles of German tourists and summarizes the key reasons that they travel. The report offers an in-depth analysis of traveler flows, spending patterns, main destination markets and current and future opportunities for tourism businesses seeking to tap into the German outbound travel market.
Germany, like the rest of the world, saw a major impact on the travel sector as a result of COVID-19. There was a Year-on-Year (YoY) decrease of xx% in outbound travel between 2020 and 2021, and a YoY growth of xx% for domestic trips. This further decrease in outbound German tourism is indicative that larger recovery from COVID-19 is not yet happening. Going forward, outbound travel is set to reach xx million trips which will exceed pre-pandemic levels by 2024, according to GlobalData forecasts. In 2021, the top international destinations for Germany were Italy, Croatia, Germany, Greece, and Slovakia. According to GlobalData's Q3 2021 Consumer Survey, German travelers typically enjoy VFR travel (xx%), sun and beach holidays (xx%), and city breaks (xx%). In 2020, domestic tourists declined by xx% YoY from xx million in 2019 to xx million in 2020 as COVID-19 brought about national lockdowns and stay at home orders and this figure increased by xx% YoY to xx million in 2021. In 2019, total outbound expenditure reached $xx billion. As COVID-19 limited international travel, total outbound tourism expenditure declined xx% YoY to $xx billion in 2020 and fell further by xx% YoY to $xx billion in 2021. Total outbound expenditure is projected to reach xx billion by 2024, according to GlobalData forecasts.