Peak travel season: Airlines optimistic despite tight seats and rising prices. Sales back to record levels after Corona. Increased ticket prices and air traffic taxes are putting a strain on holiday budgets.
According to a report from www.upday.com, business is back in full swing with the best weeks of the year after the tough Corona years. Tour operators are reporting strong bookings so far, German airlines are looking forward to the new year, even if the number of seats available remains tighter than in other European countries. According to an analysis of the current market situation, prices for package holidays are only likely to increase moderately - if at all - according to the German Travel Association DRV. However, the federal government's planned increase in air traffic tax could make summer vacations significantly more expensive for many millions of people in Germany, warns association president Norbert Fiebig. After the plans became known, major organizers...

Peak travel season: Airlines optimistic despite tight seats and rising prices. Sales back to record levels after Corona. Increased ticket prices and air traffic taxes are putting a strain on holiday budgets.
According to a report from www.upday.com, business is back in full swing with the best weeks of the year after the tough Corona years. Tour operators are reporting strong bookings so far, German airlines are looking forward to the new year, even if the number of seats available remains tighter than in other European countries.
According to an analysis of the current market situation, prices for package holidays are only likely to increase moderately - if at all - according to the German Travel Association DRV. However, the federal government's planned increase in air traffic tax could make summer vacations significantly more expensive for many millions of people in Germany, warns association president Norbert Fiebig.
After the plans became known, large organizers expected price increases in the mid-single-digit percentage range on average. The German Tourism Association expects something similar for trips between Rügen and Mittenwald. According to the DRV, for the first time since Corona, travel agencies and organizers have had a normal travel year again. Overall, sales from tour operators increased significantly.
This could have a positive impact on the market and the financial industry, as increased bookings and higher revenues benefit both tour operators and airlines. Customer numbers could recover significantly in the coming year, which could mean additional income for the tourism industry.
Despite the increasing number of bookings, the price situation remains problematic due to the planned increase in air traffic tax and the limited availability of seats. The airlines were still able to increase their profits moderately. The further development of the market could also depend on a return of low-cost airlines, which are limited due to delivery problems at aircraft manufacturer Boeing. Increased booking numbers could lead to an increase in competition and an improvement in the pricing situation on the market.
Read the source article at www.upday.com