TATS figures

German travel bookings slump by 93% in April

German travel agencies suffered a dramatic 93% collapse in revenues last month as they were forced to shut down due to Covid-19 lockdown restrictions and tour operators continued to cancel holiday bookings because of the global travel warning, new figures published today by software company TATS show.

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.

Advance bookings are even worse

Even worse are the advance booking figures for holidays this summer as of end-April. Advance bookings for departures up to the end of October 2020 are nearly 140% lower than the same period last year, including a 119% fall in cruise bookings. These heavy negative numbers reflect the fact that more holidays have been cancelled than actually booked.

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.