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Insurance Article

GNTB Anticipates 10 percent Annual Growth in Indian Arrivals

May 18 2012

The German National Tourist Board (GNTB) is at present anticipating tourist influxes from India to Germany to rise at an annual rate of 10 percent with the intention of doubling inbound statistics by the year 2020. CEO of Germany Travel Market (GTM), Petra Hedorfer mentioned in a meeting with Travelbiz Monitor on the side-lines of the 38th annual that among the source markets, Asia has recorded the maximum progress amounting to 12.1 percent as compared to Europe and the Americas. He also said that the GTM is expecting a steady progress from India for the next few years so as to double inbound from the country by 2020.

Above 600 foreign travel trade shoppers and media representatives from thirty five nations appeared at GTM 2012 that was held in Leipzig from May 13 to 15 in the present year. The largest buyer-seller fair for inbound vacation industry in Germany, GTM 2012 was organized at the Leipziger Messe Trade Fair Centre, where over 350 German travel product exhibitors, native and regional tourism societies met purchasers from foreign marketplaces. 14 Indian buyers in all graced the meeting with their presence. The host regional vacation industry board Saxony Tourism and other GTM 2012 partners including Lufthansa and Deutsche Bahn, prearranged informative workshops for foreign trade representatives as part of the display.

The event's induction was addressed by the who's who of the German management and the GNTB. Parliamentary State Secretary for Small & Medium Enterprises (SMEs) & Tourism, Ernst Burgbacher discussed on the occasion. He mentioned that as one of the most impactful German economy sectors, subsidizing 4.4 percent to the entire GDP. Around 2.9 million individuals are straight employed in the sector which is a 7 percent share of the entire employment.

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