Germans retain world travel champions title
The Germans' wanderlust is showing no sign of abating, despite rising concerns about climate change and the prospects of a slowing economy, a report released says.
16th January 2008
Berlin (dpa) - Drawn up by Germany's Dresdner Bank, the report said the amount spent on travel by Germans rose by 4.0 per cent to a record of about 61 billion euros (91 billion dollars) in 2007.
Underscoring the importance of travel among Germans, the rise in spending also came despite stagnating consumer demand.
Spain, Italy and Austria were the most popular destinations for Germans last year.
"No other nation spends so much on foreign travel," said Dresdner Bank releasing the study with the world travel industry also having enjoyed solid business growth in 2007.
Moreover, spending by Germans on non-European travel rose by about 10 per cent last year just as the international debate on climate change was increasing.