Stable Business Climate for international Travel Trade in Germany for three consecutive quarters

We see a timeline starting at Q2 2022 goint to Q3 2023. The graphic shows three general topics, namely Business Climate, 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 63 in Q2 of 2022, falls down to 55 for Q3 2022, stays at 55 in Q4 2022, rises to 75 in Q1 2023, falls down to 66 in Q2 2023 and down to 58 in Q3 2023.

Incoming Business Climate starts at 29 in Q2 2022, rises to 33 in Q3 2022, up to 39 in Q4 2022, rises to 46 in Q1 2023 through Q3 2023

Current Business situation starts at -1 in Q2 2022, sharply rises to 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.

Presented to you by the German National Tourist Board, supported by the Federal Ministry of Economic Affairs and Energy.

The source of information is the GNTB Travel Industry Expert Panel, Q2/2022 to Q3/2023 (n=236 – 262), reference months April, July, October 2022 and January, May, August, 2023. Value range from -100 to +100.