German market trends

2016 was better than expected, DRV figures show

The German Travel Association (DRV) has published updated figures on the country’s travel market which show last year was better than first estimated.

August 10, 2017
Germans spent more on foreign holidays last year
Photo: Thinkstock

Germans spent more on foreign travel in 2016 than original estimates, the DRV said. The Bundesbank (German Central Bank) has calculated that a total of €73.3 billion was spent on foreign travel in 2016. This is significantly higher than its estimate of €72 billion made at the start of this year. In 2015, Germans spent €69.9 billion on foreign travel.

The DRV has also updated various other figures in its annual ‘German Travel Market’ publication for 2016, which is available both in German and English. The figure for German travel agency turnover in 2016 has been slightly increased to €24.6 billion from the previous figure of €24.5 billion.

According to the DRV, Germans went on 68.7 million foreign holiday trips in 2016, including 53.4 million of five days or more. More than 40% of these holidays were tour operator packages, and the overwhelming majority of these were booked through travel agencies.

German tour operators had combined turnover of €30.2 billion last year, down from €30.8 billion in 2015, and sold a total of 44 million packages (compared to 45 million in 2015), the publication showed.

The 56-page publication includes extensive figures on different aspects of the German travel and tourism market, and can be obtained free of charge from the DRV.

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