Industry revenue of “tour operator activities“ in Germany 2011-2023

Germany’s popularity as a tourist destination has been on the ascendancy for a while now with the number of arrivals in tourist accommodation increasing at a steady pace. Dutch nationals are the leading visitors followed by the Swiss, the Americans and the British.

However, despite such a positive scenario, revenues for tour operators in the country have fallen from 13.3 billion U.S. dollars in 2011 to around 8 billion U.S. dollars in 2018, with only marginal growth predicted till 2023. The main reason for such tepid growth is that people all across the world now prefer to plan their holidays themselves using review sites and general searches on the Internet. In the UK as many as 33% used the search engine as inspiration for their holiday planning, with 31% using review sites and 26% opting for recommendations from family and friends.

The demise of Thomas Cook, one of the most popular tour operators globally, has also had a detrimental effect on the market. That has however left the door open for other leading operators such as TUI, DER Touristik and FTI, among others, who are expected to consolidate in the not too distant future, mainly to counter the pressure being exerted by online players.

Industry revenue of “tour operator activities“ in Germany from 2011 to 2023

Revenue in billion U.S. Dollars
--
--
--
--
--
--
--
--
--
--
--
--
--
Exclusive Corporate Account feature

To view this statistic you need a Corporate Account, which includes the following benefits

  • Access to all content
  • Download as XLS, PPT, PNG and PDF
  • Detailed source and background information
Corporate Account
$650 per month*
(billed annually)
* All products require an annual contract.
   Prices do not include sales tax.
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Germany. The industry “tour operator activities“ has the code “N7912“.

Details on the methodology can be found here.

Please visit here for more information on Statista market forecasts.

Use Statista now: unlimited access to all content

Statistics on "Economic Outlook Germany"

Further Content: You might find this interesting as well

Use Statista now: unlimited access to all content
Learn more about how Statista can support your business.