The devastating collapse in sales followed on from a similar 81% slump in March when the government’s initial worldwide travel warning prompted tour operators to start cancelling bookings and customers abruptly stopped booking new holidays.
Sales are plummeting for all kinds of travel, the latest monthly TATS survey of travel agency sales made clear. Tourism revenues slumped by 87% (after a 53% fall in March), cruises were down by 70% (-41% in March) and flight ticket sales crashed by 99% following the cancellation of most international passenger flights.
TATS (Travel Agency Technologies & Services) is one of the few organisations currently still providing regular figures about the development of the German outbound travel market. The company provides various products for the travel industry, including its Ibiza financial management software.