Forecast: Tourism Direct Employment in Germany

Tourism direct employment in Germany increased steadily from 2015 to 2019, reaching 4.74 units. However, in 2020, there was a significant decline of 27.31%, attributed to the impact of the COVID-19 pandemic, reducing employment to 3.45 units. Post-pandemic recovery was evident in 2021, with a strong rebound of 26.27%. By 2022, employment levels returned to pre-pandemic figures, increasing by 11.61%. In 2023, employment stood at 5.21 units, reflecting a 7.39% increase year-on-year, with a 5-year CAGR of 2.42%.

Forecasts show a continued upward trend in tourism employment, reaching 5.42 units by 2028, with a forecasted 5-year CAGR of 0.55% and a 5-year growth rate of 2.81%.

Future trends to watch for:

• Potential impact of economic fluctuations on leisure travel.
• Technological advancements in the tourism sector.
• Shifts in consumer travel preferences post-pandemic.
• Government policies and initiatives to boost tourism.