Households drive market demand, with household spending representing 77.2% of total demand in 2021. Accor SA is the largest company in Germany, generating 12.3% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 21.7% of total production value in 2021. The total number of companies decreases in 2021, to 101,503 units. The costs of the industry increase by 9.1% in 2021, largely driven by rising labour costs. The industry’s profitability increases and stands at 21.6% of turnover in 2021, the ninth highest regionally. With turnover of USD23.2 billion, Germany accounts for 10.2% of the Western Europe total in 2021.
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This Euromonitor industrial report provides unique information on Hotels and Camping Sites in Germany: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in Germany: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.See All of Our Definitions
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