Posted on May 11 2022
Overview:
After a two-year break because of the pandemic, Oktoberfest, Germany’s annual beer festival, is all set to invite tourists and locals to Munich in October.
Oktoberfest is known for its largest beer celebration worldwide. This event groups more than six million visitors together over its three-week run. The tradition, atmosphere, and exhibition of massive beer tents run by different Bavarian brewers, amusement rides, and other activities make it exceptional.
According to The Local Dieter Reiter, the Mayor of Munich, the festival will be organized without any restrictions this year. This indicates an expectation of more tourists to Germany.
A statement from the press conference states that Reiter hopes that the pandemic situation remains stable in the autumn and that the festival wouldn’t have to be canceled at the last moment.
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Implying the pandemic and the war in Ukraine that has impacted the EU significantly, the return of Oktoberfest can be a positive sign in these difficult times, mentioned Markus Söder, the Minister-President of Bavaria.
Söder added that the beer festival is the international flagship of Bavaria. Even while empathizing with Ukraine, calling off the Oktoberfest as an outcome of the war will not be justified.
As mentioned above, the Oktoberfest will be held from Saturday, September 17th, until Monday, October 3rd, bringing more than six million visitors together to drink beer and the other activities such as traditional Bavarian food, fairground rides, and merchandise.
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On average, seven million liters of beer are supplied at the event, which continues for 17 days. This would bring about a profit of 75.7 million Euros in the gross revenue, according to the Statista.
Before the pandemic, six million people attended the Oktoberfest in Munich in 2016, with 600,000 individuals who arrived in the first week of the festival alone. This brought a profit of €1 billion to Germany and created 12,000 job opportunities, which helped the locals during the festival.
“After the possible estimation, we hope to have an economic value of approximately one billion euros due to Oktoberfest. An expense of 350 million euros is spent on the Oktoberfest grounds. An extra expense of 250 million is spent on the retail and shops; the rest is the total amount spent on the overnight hotel stays,” says Josef Schmid, the Deputy Mayor of Munich.
Currently, Bavarians are said to draw the attention of the same number of visitors while wishing that the pandemic cases wouldn’t increase. The World Health Organisation (WHO) data displays that 79 deaths and 415,153 positive cases related to the virus have been reported during the past week in Germany.
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Oktoberfest
Profit of €75.7 million Euros
September 17th to October 3rd
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