Last-minute sales of summer holiday packages dropped sharply in Germany last month but there was strong demand for winter holidays, according to the latest monthly survey by market researchers GfK.
Overall sales revenues declined by 3.1% in August, its representative survey of 1,200 travel agencies showed, although this was in comparison to a strong previous year which showed a 7.3% rise.
In particular, there was no last-minute sales boom this year.
In contrast, revenues from late sales of summer holidays fell by as much as 8.3% last month.
The August decline followed a 1% overall sales drop in July. However, summer 2015 is still showing good growth on a cumulated basis.
Moreover, the forthcoming winter season looks more promising. Cumulated bookings up to the end of August were 10.1% higher, compared to a 4.5% increase at the same point last year. Moreover, a high 42% of booked revenues last month were for the winter season.
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