Forecast: Foreign Tourists Arrivals at Tourist Accommodations in Germany

The Foreign Tourists Arrivals at Tourist Accommodations in Germany have shown significant volatility over the past decade. From 2013 to 2019, there was a consistent growth trend, peaking in 2019. However, the COVID-19 pandemic caused a drastic drop in foreign tourist arrivals in 2020 and 2021, with partial recovery beginning in 2022. By 2023, the number of arrivals stood at approximately 24.561 million, showing a decline of 13.46% year-over-year. Over the past five years, the arrivals experienced an average annual decline rate (CAGR) of -8.71%.

Future trends to watch for include:

• Sustained recovery post-COVID-19, with gradual stabilization expected from 2024 onwards.
• A forecasted modest annual growth rate (CAGR) of 0.12% from 2024 to 2028, indicating a slow but steady rebound.
• Potential impacts of new travel behaviors, sustainability trends, and digital transformations in the tourism sector.