According to new analysis by the Airlines Reporting Corp. (ARC), five percent more US travelers will travel to Munich during the 16-day Oktoberfest compared to 2016, the analysis revealed.
Driving some of the increased demand is a five percent drop in the average ticket price from the US during the festival period.
The top five countries of origin for travelers flying to Munich during the festival include Germany, the US, the United Kingdom, Spain and Italy. Overall, average ticket prices for Oktoberfest are up from the top five origin countries by 5.4 percent. Passengers flying from Germany paid an average of three percent more to fly to during the festival.
ARC found that the global average roundtrip ticket price to fly to Munich is USD 558. Travelers from the US paid an average of USD 1,638, while those in Germany paid USD 332, in the United Kingdom paid USD 418, in Spain paid USD 295, and in Italy paid USD 321.
The Airlines Reporting Corporation (ARC) is the premier driver of air travel intelligence and commerce in the travel industry with leading business solutions, travel agency accreditation services, process and financial management tools and high-quality data. In 2016, ARC settled USD 86 billion worth of carrier ticket transactions for nearly 7,000 travel agencies with more than 12,000 points of sale. Established in 1984, ARC is an ISO 27001 certified company headquartered in Arlington, Virginia, with offices in Louisville, Kentucky, Tampa, Florida and San Juan, Puerto Rico. For more information, visit www.arccorp.com and www.twitter.com/arctalk.