The turnover of travel intermediary services in Germany is anticipated to rise steadily from 2024 to 2028. The values in billion Euros are forecasted as follows: 44.33 (2024), 45.82 (2025), 47.24 (2026), 48.61 (2027), and 49.93 (2028). In 2023, the actual turnover stood at 43.15 billion Euros.
The year-on-year percentage variations show a consistent upward trend, with the turnover increasing by approximately 3.36% from 2024 to 2025, 3.10% from 2025 to 2026, 2.90% from 2026 to 2027, and 2.71% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year forecast period stands at around 3.02%.
Future trends to watch for include the impact of technological advancements on travel intermediary services, potential economic fluctuations affecting consumer travel spending, and evolving customer preferences towards digital booking platforms. These factors will play crucial roles in shaping the travel intermediary market in Germany.