German Travel & Tourism Market Growth Prospects Reviewed in New Timetric Report Published at MarketPublishers.com10 Jul 2012 • by Natalie Aster
LONDON – Travel and tourism plays a vital role in the German economy. According to the World Travel & Tourism Council (WTTC), the direct contribution was EUR 41.9 billion (US$50 billion) in 2011, which represented 1.6% of the country’s total GDP. The total contribution of both direct and indirect travel and tourism services to Germany’s GDP was EUR 117.6 billion (USD 144 billion) in 2011, equal to 4.6% of the country’s GDP.
According to the World Tourism Organization (UNWTO), Germany ranked eighth in the world, in terms of international tourist arrivals, reporting 28.4 million arrivals last year. The German government issued a new EU Blue Card, which will allow more high skilled workers to contribute to the development of the country’s travel and tourism industry.
New market research report “Travel and Tourism in Germany: Key Trends and Opportunities to 2016” elaborated by Timetric has been recently published by Market Publishers Ltd.
Travel and Tourism in Germany: Key Trends and Opportunities to 2016
Published: July, 2012
Price: US$ 1.950,00
The research report delves into an in-depth discussion of Germany’s travel and tourism industry, covering:
- details historic values for the German travel and tourism industry for 2007–2011, along with forecast figures for 2012–2016;
- in-depth analysis of the German travel and tourism industry, as well as individual market/category values for both the 2007–2011 review period and the 2012–2016 forecast period;
- detailed analysis and forecast of tourist spending patterns in Germany;
- employment and salary trends for various categories of the travel and tourism industry.
More new market research reports by the publisher can be found at Timetric page.