Germany Travel Market Update 2020

Summary

Prior to the coronavirus pandemic, the German travel industry had recorded steady growth since 2012. However, beginning in March 2020, border closures and travel restrictions have severely impacted every travel segment, and both inbound and outbound tourism have been extremely limited. This report presents a high-level overview of the German travel market in 2020, including the impact of the coronavirus on major players, key segment analysis, and sizing and projections through 2020.