Feb 12 • 09:14 UTC 🇩🇪 Germany FAZ

Tourism in Frankfurt: Guests bring almost five billion euros in revenue to Frankfurt

Tourism in Frankfurt contributes nearly five billion euros in revenue, demonstrating its significant economic impact on the city.

Tourism in Frankfurt has become a pivotal economic driver, generating nearly five billion euros in revenue, as highlighted in the recent study by the German Institute of Economic Research for Tourism (dwif). Visitors, whether from nearby towns or distant cities, significantly contribute to local commerce through shopping, concerts, exhibitions, and business engagements. The study categorizes various forms of visitation, indicating that even short-term visitors are important to the city's tourism economy.

Frankfurt's Mayor Mike Josef emphasized the study's findings during its presentation, stating that the economic significance of tourism for the city is undeniable. The influx of tourists plays a crucial role in upping the sales and overall financial health of various sectors within Frankfurt. From retail to hospitality and cultural events, the impact of tourism resonates across the local economy.

Given the ongoing trends in travel and the importance of tourism, city officials are likely to focus on strategies to enhance the visitor experience and attract even more guests in the future. The preliminary outcomes of this study might inform policies aimed at bolstering tourism as a key component of economic growth in Frankfurt and ensuring that the cities remain competitive as attractive destinations.

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