BROWSE THROUGH OUR TRADE FAIRS IN GERMANY FOR HOLIDAY INDUSTRY

Germany is among the European and global holiday industry's leading and time-established countries. This is due to the state being among the chief contributors to the segments. This is done through its comparatively extensive and high-value industry-related segment. It comprises more than 32 300 companies that employ over 98 500 specialists. The firms vary from small and medium-sized enterprises to extensive, time-honoured corporations. This results in the production of high annual revenues. They, in turn, aid the European and global segments of the industry. For example, in recent years, Germany’s holiday sector has produced a turnover of 37 800 000 000 EUR. It is also expected to develop and expand in the upcoming years. It includes the market expanding by its number of users increasing to more than 31 000 000 in the years to come. It is similarly anticipated to grow at a CAGR of 0.93%. 89% of the revenue in the upcoming years is additionally expected to occur through online sales. There are several leading causes for the development potential of the German holiday sector. Among them is its chief focus on researching and implementing innovations. It includes, for example, retailing package holidays through digital platforms. Generally, the sector displays its latest innovations during trade expos. It includes annual events hosted in diverse cities. Such expos attract hundreds of thousands of attendees.