Incoming Business Climate for international Travel Trade in Germany improves moderately at the end of the year

We see a timeline starting at Q3 2022 going to Q4 2023. The graphic shows three general topics, namely Business expectations, Incoming Business Climate and Current Business situation. The Incoming Business Climate combines the balance of the current business situation and the future business expectations of international experts for incoming tourism to Germany.

Business expectation starts at 55 in Q3 of 2022, stays at 55 for Q4 2022, rises to 75 in Q1 2023, falls to 66 in Q2 2023, down to 58 in Q3 2023 and back up to 60 in Q4 2023.

Incoming Business Climate starts at 33 in Q3 2022, rises to 39 in Q4 2022, rises to 46 in Q1 2023 through Q3 2023 and rises further to 51 in Q4 2023.

Current Business situation starts at 14 in Q3 2022, rises to 25 in Q4 2022, falls to 20 in Q1 2023, rises to 27 in Q2 2023, up to 34 in Q3 2023 and finally at 41 in Q4 2023.

Presented to you by the German National Tourist Board, supported by the Federal Ministry for Economic Affairs and Climate Action.

The source of information is the GNTB Travel Industry Expert Panel, Q1/2022 to Q4/2023.(n=213 – 262), reference months July, October 2022 and January, May, August, November 2023. Value range from -100 to +100.