Germany is a prominent travel location for individuals around the world. Recognized for its successful city life, spectacular landscapes, as well as world-renowned sites, the country is a center for hospitality. Germany is home to a large array of travel holiday accommodation options, varying from resorts as well as hostels to resorts as well as vacation leasings. The travel accommodation market can be further segmented on the basis of applications, price points, and also booking systems. In 2020, Germany invited an influx of 46 million worldwide site visitors to its soil, a 16.7% increase from the year 2019 when 39.6 million travelers visited the nation. The boosted nonreusable income has allowed residents to check out numerous holiday accommodation choices, boosters the development of the travel accommodation industry in Germany.
The marketplace is segmented right into four primary classifications - type, application, rate factor, as well as setting of booking. Kind segment covers hotel, hostel, resort, getaway leasing, and also various other similar solutions. Applications consist of leisure, specialist, as well as others. Cost points readily available array from economic climate, mid-range as well as luxury. Scheduling the journey can be done through online travel bureau, hotel internet sites, or various other solutions.
In spite of the surge in traveling to Germany, certain locations such as Eastern provinces, North East and North Rhine-Westphalia remain mostly undiscovered.Players in the travel accommodation market must tap into these obscure markets for potential development chances. Technology investments are additionally essential for suppliers, as combination of booking systems with on-line websites can make the reservation procedure smoother and also faster. Popular resort chains running in Germany consist of Accor, Radisson, and also Steigenberger. Besides, glamorous as well as unique collections, store resorts are also obtaining traction among tourists. The visibility of high hotel occupancy tax obligations might be a trouble as it increases the general price of accommodation. Hoteliers must take into consideration procuring calculated collaborations and also joint ventures with business in other countries to expand their market reach.
The Germany Travel Accommodation market is segmented into type, application, price point, mode of booking and region. The type segment comprises hotel, hostel, resort, vacation rental, and others. The applications covered in the study include leisure, professional, and others. On the basis of price point, the market is categorized into economy, mid-range, and luxury. Depending on mode of booking, it is segregated into online travel agency, hotel website, and others.
The major players in the travel accommodation industry that have been analyzed in this report include Booking.com, Trivago, HRS Hotel Reservation Service, Expedia, Airbnb, Hostelworld, HotelTonight, Novum Hotels, AccorHotels, Friends of the Brandenburger Tor Hotels.
The marketplace is segmented right into four primary classifications - type, application, rate factor, as well as setting of booking. Kind segment covers hotel, hostel, resort, getaway leasing, and also various other similar solutions. Applications consist of leisure, specialist, as well as others. Cost points readily available array from economic climate, mid-range as well as luxury. Scheduling the journey can be done through online travel bureau, hotel internet sites, or various other solutions.
In spite of the surge in traveling to Germany, certain locations such as Eastern provinces, North East and North Rhine-Westphalia remain mostly undiscovered.Players in the travel accommodation market must tap into these obscure markets for potential development chances. Technology investments are additionally essential for suppliers, as combination of booking systems with on-line websites can make the reservation procedure smoother and also faster. Popular resort chains running in Germany consist of Accor, Radisson, and also Steigenberger. Besides, glamorous as well as unique collections, store resorts are also obtaining traction among tourists. The visibility of high hotel occupancy tax obligations might be a trouble as it increases the general price of accommodation. Hoteliers must take into consideration procuring calculated collaborations and also joint ventures with business in other countries to expand their market reach.
The Germany Travel Accommodation market is segmented into type, application, price point, mode of booking and region. The type segment comprises hotel, hostel, resort, vacation rental, and others. The applications covered in the study include leisure, professional, and others. On the basis of price point, the market is categorized into economy, mid-range, and luxury. Depending on mode of booking, it is segregated into online travel agency, hotel website, and others.
The major players in the travel accommodation industry that have been analyzed in this report include Booking.com, Trivago, HRS Hotel Reservation Service, Expedia, Airbnb, Hostelworld, HotelTonight, Novum Hotels, AccorHotels, Friends of the Brandenburger Tor Hotels.
Key Benefits For Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in Germany travel accommodation market.
- Assess and rank the top factors that are expected to affect the growth of Germany travel accommodation market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the Germany travel accommodation market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Brands Share Analysis
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
Key Market Segments
By Type
- Hotels
- Hostels
- Resorts
- Vacation Rentals
- Others
By Application
- Leisure
- Professional
- Others
By Price Point
- Economy
- Mid-Range
- Luxury
By Mode of Booking
- Online Travel Agency
- Direct Booking
- Others
- Key Market Players
- Booking.com
- Trivago
- HRS Hotel Reservation Service
- Expedia
- Airbnb
- Hostelworld
- HotelTonight
- Novum Hotels
- AccorHotels
- Friends of the Brandenburger Tor Hotels
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: GERMANY TRAVEL ACCOMMODATION MARKET, BY TYPE
CHAPTER 5: GERMANY TRAVEL ACCOMMODATION MARKET, BY APPLICATION
CHAPTER 6: GERMANY TRAVEL ACCOMMODATION MARKET, BY PRICE POINT
CHAPTER 7: GERMANY TRAVEL ACCOMMODATION MARKET, BY MODE OF BOOKING
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Booking.com
- Trivago
- HRS Hotel Reservation Service
- Expedia
- Airbnb
- Hostelworld
- HotelTonight
- Novum Hotels
- AccorHotels
- Friends of the Brandenburger Tor Hotels
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
