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Holiday Accommodation in Germany - Market Research Report (2014-2029)

Melanie Katz Melanie Katz Frankfurt, Germany Last Updated: November 2024 WZ I55.20DE

Revenue

€3.0bn

2024

€3.0bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

54,857

Businesses

10,917

Wages

€X.Xbn

Holiday Accommodation in Germany industry analysis

Increasing domestic tourism and the rising number of overnight stays by foreign travellers enabled the industry to record steady revenue growth until 2019. In 2020, the spread of coronavirus brought tourism to a complete standstill at times and holiday accommodation was also not allowed to receive guests for several weeks. As a result, industry turnover fell by an average of 1.5% per year in the period from 2019 to 2024. With the lifting of the infection control measures, tourism is recovering and with it the demand for holiday accommodation. In the current year, industry turnover is expected to increase by 1.6% to 3 billion euros.The rising demand for holiday accommodation up to 2019 was primarily due to increasing domestic tourism and the good economic situation. The positive economic development has led to a temporary increase in consumer spending on leisure activities in recent years, which has both extended the length of holidays and increased consumers' willingness to pay for more expensive holiday accommodation. As the majority of guests in German holiday accommodation come from within Germany, the positive trend in arrivals by domestic travellers also contributed to growth in the sector. The simultaneous growth in demand for overnight stays in hotels, inns, guesthouses and campsites, on the other hand, poses a risk to the turnover of holiday accommodation, as these types of accommodation represent an alternative to accommodation in this sector.For the period from 2024 to 2029, IBISWorld is forecasting average growth in industry turnover of 1.4% per year to 3.2 billion euros in 2029. Stable growth in domestic tourism and an increase in net household income are expected in the coming years. As a result, demand for holiday accommodation is likely to grow, which should also lead to an increase in the number of businesses in the sector. In addition, the number of overnight stays by foreign holidaymakers is also expected to increase in the future, which should further boost growth in industry revenue.

Trends and Insights

  • The largely positive development of domestic tourism has had a major impact on the sector's revenue growth in recent years. Domestic guests account for around 88% of overnight stays in holiday accommodation in this sector.
  • The majority of the sector's turnover is generated by holiday homes and holiday flats. The number of overnight stays in this segment fell less sharply during the coronavirus pandemic than in other types of accommodation, as this type of accommodation allows guests to stay without contact with other people.
  • In a Germany-wide comparison, the southern region is the leader in terms of both the number of establishments and the number of overnight stays. The large number of establishments is due to the large number of tourist attractions and natural hiking areas in the region.
  • Companies in the sector can differentiate themselves from the competition through their own style of furnishing, special offers and their location or overall concept. In view of the population's increasing environmental and health awareness, sustainable and nature-oriented concepts are currently particularly popular.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 1.5 % over the past five years, to reach an estimated €3.0bn in 2024.

Trends and Insights

The positive development of domestic tourism is leading to rising sales of holiday accommodation

  • Domestic guests account for around 88% of overnight stays in holiday accommodation in this sector, so the largely positive development of domestic tourism in recent years has had a major impact on the sector's revenue growth.
  • Additional trends and insights available with purchase
Holiday Accommodation in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

The presence of holiday accommodation on online booking platforms is becoming an increasingly important competitive factor

  • The procurement of holiday accommodation via online platforms enables guests to search for accommodation in specific regions and compare the prices, facilities and testimonials of these holiday accommodations in order to then book the most suitable option directly.

Biggest companies in the Holiday Accommodation in Germany

Company
Market Share (%)
2024
Revenue (€m)
2024
Landal GreenParks GmbH
61.2
Schloss Dankern GmbH
25.2
Jugendherberge München Park
3.0

To view the market share and analysis for all 4 top companies in this industry, view purchase options.

Products & Services Segmentation

Holiday Accommodation in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Holiday homes and holiday flats, Youth hostels and huts and Holiday centres. Holiday homes and holiday flats is the largest segment of the Holiday Accommodation in Germany.

Trends and Insights

Holiday homes and holiday flats were also in high demand during the pandemic

  • Guests who rent flats or houses for the duration of their holiday are generally self-catering and do not make use of any additional services provided by the landlord.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

This sector includes the short-term accommodation of guests in recreation and holiday homes, holiday centres, youth hostels and lodges as well as in holiday homes and holiday flats. The sector does not include short-term accommodation with daily cleaning and bed-making or the provision of holiday homes and flats for longer-term use.

What's included in this industry?

Holiday homes and holiday flatsYouth hostels and hutsHoliday centresRecreation and holiday homes

Companies

Landal GreenParks GmbHSchloss Dankern GmbHJugendherberge München Park

Purchase this report to view all 4 major companies in this industry.

Related Terms

AIRBNBHOSTELDOMESTIC TOURISM

Industry Code

WZ 2008

WZ 55.20 - Holiday Accommodation in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

The largely positive development of domestic tourism has had a major impact on the sector's revenue growth in recent years. Domestic guests account for around 88% of overnigh...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

The majority of the sector's turnover is generated by holiday homes and holiday flats. The number of overnight stays in this segment fell less sharply during the coronavirus ...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

In a Germany-wide comparison, the southern region is the leader in terms of both the number of establishments and the number of overnight stays. The large number of establish...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Companies in the sector can differentiate themselves from the competition through their own style of furnishing, special offers and their location or overall concept. In view...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

There are no major players in the industry. Holiday homes and flats, which account for the largest share of industry sales, are mostly rented out by individual private indivi...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Landal GreenParks GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Schloss Dankern GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Jugendherberge München Park's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for one additional company

Detailed analysis

  • Description and key data for Landal GreenParks GmbH, and factors influencing its performance in the industry
  • Description and key data for Schloss Dankern GmbH, and factors influencing its performance in the industry
  • Description and key data for Jugendherberge München Park, and factors influencing its performance in the industry
  • Description, key data and performance trends for one additional company

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The industry is benefiting from the rising number of travellers from Germany and abroad. With the lifting of travel restrictions due to the pandemic, the volume of tourism is...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

The profit margin of the individual companies in the sector can vary greatly depending on the type of accommodation. Influencing factors here are the services offered, the lo...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Holiday Accommodation industry in Germany in 2024?

The market size of the Holiday Accommodation industry in Germany is €3.0bn in 2024.

How many businesses are there in the Holiday Accommodation in Germany industry in 2024?

There are 10,917 businesses in the Holiday Accommodation industry in Germany, which has declined at a CAGR of 1.3 % between 2019 and 2024.

Has the Holiday Accommodation industry in Germany grown or declined over the past 5 years?

The market size of the Holiday Accommodation industry in Germany has been declining at a CAGR of 1.5 % between 2019 and 2024.

What is the forecast growth of the Holiday Accommodation industry in Germany over the next 5 years?

Over the next five years, the Holiday Accommodation industry in Germany is expected to grow.

What are the biggest companies in the Holiday Accommodation market in Germany?

The biggest companies operating in the Holiday Accommodation market in Germany are Landal GreenParks GmbH, Schloss Dankern GmbH and Jugendherberge München Park

What does the Holiday Accommodation in Germany include?

Holiday homes and holiday flats and Youth hostels and huts are part of the Holiday Accommodation industry.

Which companies have the highest market share in the Holiday Accommodation in Germany?

The company holding the most market share in Germany is Landal GreenParks GmbH.

How competitive is the Holiday Accommodation industry in Germany?

The level of competition is high and increasing in the Holiday Accommodation industry in Germany.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • Hotels in Germany
  • Caravan & Camping Sites in Germany

Complementors

  • Intercity Passenger Rail Transport in Germany
  • Airports in Germany
  • Tourism in Germany
  • Travel Agencies in Germany

International industries

  • Bed & Breakfast & Hostel Accommodations in the US
  • Hotels & Motels in Canada
  • Serviced Apartments in Australia
  • Holiday Accommodation in the UK
  • Hotels in Ireland

View all industries in Germany

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

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