Turnover from German travel agencies fell by almost a quarter in the first quarter
Turnover from German travel agents has fallen the most since the 2008 financial crisis, by almost a quarter, in the first quarter of this year, according to Thursday’s announcement by Destatis, the German federal statistical office.
In the first quarter of this year, seasonally and calendar-adjusted turnover of German travel agencies decreased by 22.9 percent compared to the previous quarter, due to epidemiological restrictions. This is the largest decline in turnover in the tourism sector since the 2008 financial crisis. (MTI)
Related news
Hungarian AI software rewrites the international business world in hospitality
AI-powered Everguest Intelligence offers a complete solution for the everyday…
Read more >
Europeans’ desire to travel increases: Travel trends for the fall and winter season of 2024
According to the latest research by the European Travel Commission…
Read more >
The number of foreign tourists in Romania increased by nearly 13 percent in the first nine months of 2023
The number of foreign tourists in Romania increased by 12.8…
Read more >
More related news >
Related news
Europeans’ desire to travel increases: Travel trends for the fall and winter season of 2024
According to the latest research by the European Travel Commission…
Read more >
Hello METRO, HelloPay!
Starting in July, the popular HelloPay integrated catering system –…
Read more >
