The research shows that Germany’s travel and tourism sector contributed EUR348.1 billion to the country’s economy during 2017.
“Travel and Tourism creates jobs, drives economic growth and helps build better societies. This is particularly the case with Germany,” elaborated, Gloria Guevara, CEO, WTTC.
Specifically, the data also shows that Germany’s tourism industry grew by 1.7 percent throughout 2017. This compares to 9.8 percent growth for China, 6.2 percent for the UK, seven percent for Spain, and 5.5 percent for Canada. According to WTTC, this implies that Germany is not getting its fair share of growth as other countries are increasing their tourism at a faster rate. WTTC’s research also revealed that by 2028, India is expected to overtake Germany as the world’s third largest travel and tourism economy.