What are the differences in invoiced values between February 2024 vs. 2023? The assessments of ta.ts Reiseburospiegel

BUSINESS ECONOMY TOURISM

According to ta.ts Reiseburospiegel, total sales growth in 2024 was 13% higher than in February 2023 and incoming orders were up just 3.4%. Small increase but enough for the development of the industry.

The total invoiced turnover of the travel agencies included in the ta.ts travel agency survey in February 2024 was up 13.0% on February 2023. The cumulative figure is up 12.7%. In the same time, tourism sales including cruises were up 14.4% on February 2023, with a cumulative increase of 12.1%. Cruises were up 13.9% in February, or 19.5% cumulatively.

The flight segment recorded an increase of 12.9% compared to February 2023, with a cumulative increase of 13.8% and the number of tickets is also up on the previous year with a monthly figure of 15.0% and a cumulative figure of 14.3%.
The same applies to other sales: the monthly figure is up 10.7% and the cumulative figure is up 8.0% on the previous year.

According to incoming tourism orders for tourism bookings were up 3.4% in February compared to February 2023.
The cruise sub-sector was also up 16.6% in February compared to February 2023.

The tourism order backlog by travel date until October 2024 is up 15.5% in reference to tourism bookings on the previous year. The cruise sector is up 25.8% compared to Februar 2023.

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