Sales in the German Travel Retail Industry Continued to Grow, Thanks to Early-booking Offers.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c42242) has announced the addition of Travel and Tourism in Germany The Federal Republic of Germany has a prospering tourism industry. Tourism in Germany has expanded since the end of World War II, and many tourists visit Germany to experience a sense of European history. to their offering. Our Travel and Tourism in Germany report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data (2000-2005), allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income disposable income Portion of an individual's income over which the recipient has complete discretion. To assess disposable income, it is necessary to determine total income, including not only wages and salaries, interest and dividend payments, and business profits, but also , annual leave and holiday taking habits is also included. Forecasts to 2010 illustrate how the market is set to change. Sector coverage: travel accommodation, transportation, car rental, travel retail and tourist attraction Noun 1. tourist attraction - a characteristic that attracts tourists attractive feature, magnet, attractor, attracter, attraction - a characteristic that provides pleasure and attracts; "flowers are an attractor for bees" markets Why buy this report? --Get a detailed picture of the travel and tourism industry --Pinpoint growth sectors and identify factors driving change --Understand the competitive environment and the market's major players --Use five-year forecasts to assess how the market is predicted to develop With a network of over 600 analysts worldwide we have a unique capability to develop reliable information resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. to help drive informed strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. .. Topics Covered 1. EXECUTIVE SUMMARY 2. OPERATING ENVIRONMENT In computing, an operating environment is the environment in which users run programs, whether in a command line interface, such as in MS-DOS or the Unix shell, or in a graphical user interface, such as in the Macintosh operating system. 3. COMPETITIVE ENVIRONMENT 4. DEMAND FACTORS 5. TOURISM PARAMETERS 6. TRAVEL ACCOMMODATION 7. TRANSPORTATION 8. CAR RENTAL 9. TRAVEL RETAIL 10. TOURIST ATTRACTIONS 11. DEFINITIONS Summary Demand for tourism services improves on 2004 Current value sales growth accelerated in all sectors during 2005, except travel accommodation, where sales stagnated. Thus, the travel and tourism market managed to outperform the overall economy in Germany, which saw lower GDP GDP (guanosine diphosphate): see guanine. growth compared to 2004. Growth in incoming tourism, the high priority given to holidays by German consumers and a recovery in business travel were cited as the main factors underpinning the robustness of the market. Arrivals grow ahead of departures Arrivals increased in the mid single digits in 2004, as the popularity of Germany as a destination for both business and leisure travel increased. This was accompanied by an increase in incoming tourism receipts, although receipts grew by a slightly slower rate as trips are getting shorter. International departures were up by 2%, while outgoing expenditure was up slightly. Although outgoing expenditure grew more slowly than incoming receipts, Germans remain net spenders, with outgoing expenditure almost 2.5 times as high as incoming receipts Chained hotels main growth driver in travel accommodation sector Travel accommodation sales were up marginally in 2005, similarly to 2004. The sector's performance was sustained mainly by more foreign arrivals, while domestic demand remained lacklustre lacklustre or US lackluster Adjective lacking brilliance, force, or vitality Adj. 1. lacklustre - lacking brilliance or vitality; "a dull lackluster life"; "a lusterless performance" , especially from leisure guests. However, domestic demand from business travellers was reported to have picked up somewhat in 2005, although less than had been hoped for. Chained hotels were the main growth driver, benefiting from greater brand recognition, competitive prices and the stronger impact of advertising compared to independent players. Low-cost airline boom continues, car rental recovers Despite some expectations to the contrary, the low-cost airline boom continued unabated in 2005, pushing up growth in the transport sector into the double digits Double Digits was a pricing game on the American television game show, The Price Is Right. Played from April 20, 1973 through May 18, 1973's show, it was played for a car and used small prizes. . Growth of air transport was further boosted by stronger sales of holiday packages which include flights. Growing saturation resulted in much slower growth for cruises, although at a growth rate in the mid single digits, this subsector is still regarded as dynamic. Long-distance rail travel continued the improvement that began in 2004, with growth underpinned by more attractive special offers. Increased demand from the business sector and more tourist bookings brought about a bounce back of the car rental market that began in 2004 and continued more clearly in 2005. Travel retail sales growth sustained, thanks to early-booking offers and a little help from the weather Growth in sales of package holidays underpinned the good performance of the travel retail sector, which increased in the low-mid single digits in 2005. After the success in 2004, tour operators continued their strategy of attractive early booking offers, whilst bookings in 2005 were also helped by the second consecutive cool and rather rainy summer. Within the travel retail sector, the share of flight-only business declined due to competition from the Internet, while within holiday packages, there was a trend away from fixed packages towards dynamic packages. Air travel and car rental with highest share of Internet bookings Internet sales made considerable inroads inroads Noun, pl make inroads into to start affecting or reducing: my gambling has made great inroads into my savings inroads npl to make inroads into [+ in 2005, especially in the transportation and car rental sectors. In the transport sector, this trend has been fuelled by the growth in low-cost airlines The following is a list of low cost carriers: Asia Bangladesh
Companies & Brands Mentioned Include: - Accor Hotellerie Deutschland GmbH - Aero Lloyd Aero Lloyd Flugreisen GmbH & Co was a charter airline based in Oberursel, Germany. Code Data
LTU Lithuania LTU La Trobe University (Australia) LTU Lufttransport-Unternehmen GmbH Lufttransport-Unternehmen GmbH - Lufthansa City Center GmbH - Maritim Hotelgesellschaft GmbH - Marriott Hotel Holding Gmb H - Otto GmbH & Co KG - QTA QTA Quetta (Pakistan) QTA Quick Turn Around QTA Disregard (Ham Radio Q signal) QTA Quality Trait Analysis QTA Qwest Total Advantage QTA Qualification Test Article Quality Travel Alliance - Rewe Touristik - Ryanair Holdings Plc - Sixt AG - Starwood Hotels & Resorts Worldwide Inc - Steigenberger Hotels AG - SunExpress AS - Thomas Cook AG - TMCV Touristik Multi Channel - TUI tui: see honeyeater. (Telephone User Interface) The combination of Touch-tone input from the telephone keypad coupled with speech output from the connected voicemail or IVR application. Deutschland GmbH - Unirent Autovermietung GmbH - Vertriebsgesellschaft For more information visit http://www.researchandmarkets.com/reports/c42242 |
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