Industry landscapes
The companies, capital and talent shaping travel and hospitality in Germany. Find the leaders. Understand the segments. See where the activity is.
An industry ecosystem,
measured in context.
24 featured companies from the funding, hiring, revenue and team-size leaderboards.
Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗
No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.
Explore classified startups in Radar ↗A few useful ratios bring the size of this ecosystem into perspective.
162 of 2,070 tracked companies have open roles.
80 of 2,070 tracked companies have a recorded round.
Share of disclosed capital received by the three largest recorded recipients.
Midpoint of 118 rounds with a disclosed amount.
Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 90.2% of disclosed capital, while 96.1% of tracked companies have no recorded funding round.
Explore the segments →Recorded company formation and disclosed funding across the complete annual series shown.
Sum of recorded funding rounds · USD
| Year | Funding (USD) | Founded | Raising |
|---|---|---|---|
| 2016 | $2.81M | 60 | 5 |
| 2017 | $3.95M | 62 | 5 |
| 2018 | $5.66M | 75 | 5 |
| 2019 | $2.33B | 65 | 6 |
| 2020 | $1.58B | 80 | 16 |
| 2021 | $237.82M | 51 | 27 |
| 2022 | $130.27M | 24 | 18 |
| 2023 | $2.2B | 9 | 13 |
| 2024 | $1.29M | 5 | 1 |
| 2025 | $0 | 0 | 0 |
Share of all disclosed company funding.
137 recorded rounds since 2016
Recorded participation in travel and hospitality company rounds since 2016.
Backed by TransMedics.
Backed by VR Equitypartner.
Backed by MCI Capital and Hearst and others.
Backed by Headline and Earlybird and others.
Backed by Earlybird and Bright Capital and others.
Backed by Grazia Equity and Florian Heinemann and others.
Backed by Bright Capital.
Participating investors were not recorded in this snapshot.
Backed by REV'IT! and IFB Innovationsstarter and others.
Backed by Christoph Von Gleichen and Martina Pfeifer and others.
Backed by Expon Capital.
The measured Germany identity-to-filing probe did not produce a qualifying designated legal or national-ID join: designated German registry identities do not carry the LEI or ISIN used by bundesanzeiger facts; legal-name matching is prohibited.
How the Germany companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.
105 of the 2,115 companies on this page carry a measured traffic record (5%); these are the largest of those, by monthly visits. The median among them is 157,601 visits.
| Company | Monthly visits | Authority | Mobile |
|---|---|---|---|
| Deutsche Bahnbahn.de | 44,256,881 | 81 | 78.6% |
| ADACadac.de | 14,701,295 | 83 | 76.1% |
| Lufthansalufthansa.com | 11,570,837 | 77 | 60.4% |
| SBBsbb.ch | 5,437,100 | 73 | 52.6% |
| Eatbueatbu.com | 5,029,076 | 74 | 80.8% |
| AIDAaida.de | 3,484,266 | 62 | 86.8% |
| Condor Flugdienstcondor.com | 2,540,431 | 68 | 59.9% |
| Bahnhofbahnhof.de | 2,429,393 | 65 | 80.7% |
| Rmvrmv.de | 1,625,792 | 57 | 84.2% |
| Ab-in-den-Urlaubab-in-den-urlaub.de | 1,623,573 | 71 | 68.4% |
Visits and authority are third-party web estimates, not company-reported figures.
170 of these companies (8%) publish at least one Android app — 269 apps in all, carrying 121.1M installs between them.
| App | Installs | Rating | Store category |
|---|---|---|---|
| DB NavigatorDeutsche Bahn | 51M | 4.6 | Travel & Local |
| LufthansaLufthansa | 13.2M | 4.6 | Travel & Local |
| SBB MobileSBB | 8.3M | 3.4 | Maps & Navigation |
| ADAC Drive: Tanken Laden RouteADAC | 5.9M | 3.6 | Maps & Navigation |
| ADAC PannenhilfeADAC | 3.6M | 4.9 | Travel & Local |
| ab in den urlaub: Reise buchenAb-in-den-Urlaub | 2.6M | 4.4 | Travel & Local |
| MVV-AppMVV | 2.5M | 4.1 | Travel & Local |
| VBB Bus & Bahn: tickets×VBB | 2.4M | 3.6 | Maps & Navigation |
| APCOA FLOW | Mobile ParkingApcoa | 2.2M | — | Auto & Vehicles |
| ADAC Trips: ReiseplanerADAC | 1.8M | 4.1 | Travel & Local |
Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.
The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2024Q1–2026Q2).
| Segment | Apps | Installs | Leading app | Release trend |
|---|---|---|---|---|
| Passenger Rail Operators | 20 | 65.9M | DB Navigator 51M | |
| Passenger Airlines | 6 | 14.8M | Lufthansa 13.2M | |
| Car Rentals | 25 | 14.2M | ADAC Drive: Tanken Laden Route 5.9M | |
| Rail Infrastructure Managers | 21 | 13.9M | SBB Mobile 8.3M | |
| Bus Operators | 64 | 12.2M | MVV-App 2.5M | |
| Travel Agencies | 17 | 3.7M | ab in den urlaub: Reise buchen 2.6M | |
| Parking Services | 3 | 3M | APCOA FLOW | Mobile Parking 2.2M | |
| Tour Operators | 37 | 2.9M | A-ROSA Cruises 56.5K |
A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.
New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.
Darker bars are new releases, lighter bars apps updated. 193 of 269 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.
Explore the segments behind the headline numbers.
Rank segments by scale, hiring or disclosed funding.
Companies can sit in several segments. Counts and funding overlap.
The largest measured segment in this report snapshot.
3 companies hiring · $0 disclosed funding
Explore in RadarCommon revenue models; a company can use more than one.
Recorded corporate activity linked to companies in this landscape.
The senior multi-year loan replaces an existing facility with Apollo and will enable a&o to deliver on the next, €500 million ($589 million) phase of its ambitious growth strategy in its core markets.
Pilatus has agreed to acquire Air Alliance GmbH, its authorized sales and service center for Germany and Austria, bringing the Siegerland-based company’s sales, maintenance, flight training and aircraft management operations in-house.
Fidelity International, Invesco Asset Management and T. Rowe Price had already given firm commitments to purchase a total of 105 million euros before the IPO.
With the acquisition of NTS, Vossloh integrates the team and all the technical equipment of the company into its portfolio.
On December 1, 2025, 029 Group SE acquired a 5.0 % stake in Periskop Partners AG.
RSM Ebner Stolz has supported the medical technology Rostock GmbH (MTR), a portfolio company of healthcare specialist SHS Capital (SHS) in acquiring a majority stake in Curatec Services GmbH (Curatec) with a financial and tax due diligence as well as in structuring and contract design.
Led by Frankfurt partner Dr. Christoph Naumann, global law firm Hogan Lovells has advised Aerotec Europe Holding GmbH (Aerotec) on the acquisition of Dubai-based Mindtree Aerospace Repairing and Maintenance Aircraft LLC
global law firm Hogan Lovells has advised the cross-brand provider of comprehensive mobility solutions Allane SE as well as the financing banks on the securitisation of lease receivables and residual values (Asset Backed Securities, ABS) with a total volume of 400 million EUR.
On November 21, 2025, both Lufthansa and IAG announced that they had formally expressed their interest in participating as a bidder in the privatization process for TAP Air Portugal.
Global law firm Clifford Chance has advised Autobahn Tank & Rast on the successful completion of its €583 million refinancing with a syndicate of German and international lenders.
Top 10 categories among 730 recorded events in the 24-month window.
1 companies with recorded IPO activity
IPO · Frankfurt Stock Exchange12 reports
30 tracked people moves
Appointment Country Manager India
Appointment President, Asia-Pacific (APAC)
Appointment Chairman of the Supervisory Board
Appointment Chief Operating Officer (COO) and Managing Director
Appointment Vice President of Cargo – Canada
Appointment Member of the group executive committee (responsible for regions)
Resignation Previously Holiday experiences and chief strategy officer
Resignation Previously Markets and airline division chief executive
22 recorded customer wins
Customer: U.S. Air Force One fleetAviation
Customer: Delta Industrial Intelligent Electric Vehicle Co., Ltd.Electromobility / mining transport
Customer: Shanxi Tiandi Coal Mining Machinery Equipment Co., Ltd.Electromobility / mining transport
Customer: SNCF RéseauRailway infrastructure
Customer: Rete Ferroviaria ItalianaRailway
Customer: tropicanaLogistics
6 companies with reported reductions
4,000 rolesautomation
4,000 rolescost reduction
1 roles
21 rolescost reduction
400 rolesbusiness transformation
Scale not stated roles
14 recorded events
pending anti-trust clearance
approved for saleSwiss Competition Commission
operation paralyzedSwiss authority
approved acquisition
3 tracked suits
Civil penalties for delays in processing passenger refundsRegulatory · Settled
contract termination disputeCivil · Verdict
Reported company results in the recorded window.
Median across 95 reported growth observations; companies may contribute multiple periods.
Company-linked deal reports; status is preserved as recorded.
| Acquirer → target | Status | Date | Value / context |
|---|---|---|---|
| Lufthansa→brussels airlines | Announced | 2026-04-27 | Not stated in snapshot |
| Lufthansa→tap air portugal | Announced | 2026-04-23 | Not stated in snapshot |
| Pilatus→Air Alliance ↗ | Announced | 2026-04-09 | Not stated in snapshot |
| Lufthansa Group→ita airways | Completed | 2026-04-08 | Not stated in snapshot |
| Lufthansa Group→Air Baltic | Completed | 2026-04-08 | Not stated in snapshot |
| Lufthansa→tap | Announced | 2026-04-02 | Not stated in snapshot |
A discussion or rumour is not a completed transaction. An unstated value is not zero.
2,741 postings in the preceding 12 months. The full 6,916-posting snapshot covers 126 employers.
5 tracked postings mention remote work.
586 postings specify a level.
| Company | Open roles |
|---|---|
| Löwen Play ↗ | 11 |
| motel one ↗ | 11 |
| 25hours hotels ↗ | 10 |
| BAUKING ↗ | 10 |
| Schauinsland Reisen ↗ | 9 |
| ADAC ↗ | 9 |
| trendtours touristik ↗ | 8 |
| NOVUM Hospitality ↗ | 8 |
| Company | Employees |
|---|---|
| TUI Group ↗ | 65,018 |
| Lufthansa Group ↗ | 37,721 |
| Deutsche Bahn ↗ | 8,765 |
| Deuter ↗ | 5,101 |
| maritim hotelgesellschaft mbh ↗ | 5,000 |
| BAUKING ↗ | 4,000 |
| Vossloh ↗ | 3,882 |
| Löwen Play ↗ | 2,800 |
245 founders and chief executives across 193 companies.
Deutsche Bahn, ex-Deutsche Gesellschaft Fur Internationale Zusammenarbeit, ex-Bernstein, King's College London, 2015
RIU Hotels & Resorts. ex-Vodafone Deutschland. RWTH Aachen University.
RPTU Kaiserslautern Landau PhD
Airports Council International, Budapest Airport, Hamburg Airport.
Nordakademie Elmshorn University of Applied Sciences
Free University of Berlin 1985
Ex-Figge Family Office, LANXESS, Nouveau Rive + Prestige Property. Vocational College Business School at the WAK Cologne 1994…
University of Mannheim
Tripup, ex-Tripedeo, ex-Aida Cruises, Universität Witten/Herdecke, 2009
Ex- Krauss-Maffei Wegmann GmbH & Co. University of Kassel BS 2019 & MS 2023
Ex-WISAG, Aveco Holding, IFM Immobilien.
Ex-Hypoport SE, Lab 1886. RWTH Aachen University BSc 2016, RWTH Aachen University MSc 2018
4 profiles with education records.
0 profiles with prior-work records.
Profiles cover recorded founders and leaders; contact details remain in Radar.
460,427 articles in the measured 12-month window.
Travel and Hospitality coverage across Germany · articles per complete quarter
| Quarter | Articles |
|---|---|
| 2021Q2 | 75,366 |
| 2021Q3 | 82,395 |
| 2021Q4 | 70,786 |
| 2022Q1 | 89,787 |
| 2022Q2 | 84,824 |
| 2022Q3 | 82,406 |
| 2022Q4 | 99,299 |
| 2023Q1 | 101,782 |
| 2023Q2 | 93,679 |
| 2023Q3 | 102,194 |
| 2023Q4 | 88,884 |
| 2024Q1 | 112,004 |
| 2024Q2 | 123,223 |
| 2024Q3 | 118,919 |
| 2024Q4 | 121,226 |
| 2025Q1 | 171,022 |
| 2025Q2 | 105,527 |
| 2025Q3 | 190,014 |
| 2025Q4 | 86,585 |
| 2026Q1 | 89,100 |
Article volume measures coverage, not market sales.
995 recorded company events across 35 companies; percentages use that event total.
Travel and Hospitality coverage across Germany · ranked by full-period article count.
Recent and prior counts use the source comparison windows.
Travel and Hospitality coverage across Germany
| Keyword | Recent | Prior | Change |
|---|---|---|---|
| countries | 3,903 | 1,710 | 128% |
| multilateral diplomacy | 1,517 | 1,032 | 47% |
| violin virtuosity | 982 | 36 | 2628% |
| violin concerto | 982 | 44 | 2132% |
| national security strategy | 906 | 616 | 47% |
| trade dispute mechanisms | 886 | 632 | 40% |
| study overseas | 604 | 338 | 79% |
| aerial bombardments | 555 | 189 | 194% |
| overseas study | 544 | 313 | 74% |
| semester abroad | 494 | 279 | 77% |
| europa league | 539 | 2,620 | -79% |
| olympic team selections | 745 | 1,826 | -59% |
| nationalist composers | 3 | 1,780 | -100% |
| aleatoric music | 8 | 1,373 | -99% |
| quarterfinals | 366 | 1,367 | -73% |
Travel and Hospitality coverage across Germany
territories, disputed islands, countries
24.6% critical · 15.9% positiveclub valuation, inflation reports fx, currency intervention policies
39.3% critical · 43.0% positivegdp growth rate, gdp acceleration, economic output growth
29.5% critical · 46.2% positiveTravel and Hospitality coverage across Germany. Topic labels describe recorded classifications and can include broad context.
Company counts, hiring and disclosed funding across the recorded hubs.
41.1% across the displayed hubs
15 companies hiring · $4.6B disclosed funding
Explore companies in Berlin ↗
18.6% across the displayed hubs
11 companies hiring · $23.7M disclosed funding
Explore companies in Hamburg ↗
16.0% across the displayed hubs
10 companies hiring · $254.8M disclosed funding
Explore companies in Munich ↗
6.5% across the displayed hubs
3 companies hiring · $31.1M disclosed funding
Explore companies in Cologne ↗5.8% across the displayed hubs
7 companies hiring · $23.5M disclosed funding
Explore companies in Frankfurt Am Main ↗
5.2% across the displayed hubs
3 companies hiring · $49.1M disclosed funding
Explore companies in Frankfurt ↗
3.4% across the displayed hubs
1 companies hiring · $16.8M disclosed funding
Explore companies in Bremen ↗
3.4% across the displayed hubs
2 companies hiring · $0 disclosed funding
Explore companies in Stuttgart ↗Clear definitions for making better comparisons.
It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.
No. A company can belong to several segments, so segment counts and funding can overlap.
A dash or unavailable panel means the current reviewed source snapshot does not support that figure.
Company ecosystem snapshot: 6 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.
Canonical landscape ↗