Last Minute is a travel offer, its arrival is within the next 14 days.
In this sense, the term is used in the German travel market.
Its origin took the term in the 1980s, when the first airlines began to offer short courses of cancellations and excess capacity at reduced prices directly to the airports. Due to the huge success of last-minute flights of the term was soon to other areas of the travel market extended (package holidays, hotel rooms, apartments). Last minute trips were henceforth become an important part in the offers of tour operators.
In a survey of more than 1000 passengers in February 2012 gave 67% of the respondents said that last minute posting includes one to two weeks prior to departure.
Development of last-minute travel as a tourist segment.
In the meantime, can be booked last minute flights and travel not only at airports, but also in travel agencies and the Internet. The internet has the last-minute travel market further boosted significantly. Last minute deals are provided by the customer even travel so well received that they had a direct effect on the booking behavior of customers. The trend was away from early bookings and towards last minute bookings.
According to study by the market research institute web-tourism 22.1m last minute holidays in 2013 were conducted in Germany and thus a turnover of 10.1 billion Euro (as of April 2014). The last minute travel frequency in Germany amounted to 1.48 trips. Compared to 2012, the number of tests performed last minute holidays  increased by 11%. Due to their short-term nature last minute holidays always stronger fluctuations in demand as the traditional holiday travel. These variations, however, are not due to indifferent consumer behavior, as external factors, to which the demand must be based forcibly (location of the holidays, short term available offers, etc.). A huge impact also has a short-term decision based on the medium-range weather forecast for the destination within the planned travel time: Ten days tendencies and their rapid accessibility via the Internet, there are only a few years.
Some tour operators use the term last minute also to travel with a departure date within the next 6 or 12 weeks for sale; This intensified the competition between operators (hereinafter also legal) further. So also use many organizers the less distortive term "last minute & more", which basically means nothing other than travel deals all kinds of last minute also means no longer automatically low. It is to catalog offer even - expensive - Additional Travel launched, in the sense of an exclusive offer, marked and as a last minute.
On the market is currently observed that especially the major tour operators increasingly withdraw from the last-minute business. They replace smaller suppliers who specialize exclusively with cheap offers on the fertile "Sale". As for the major providers of both the tour operator as the goods which the travel volume in the last minute sector requires a long-term capacity planning difficult to calculate and price reductions for last minute trips have plummeted even a counter trend has emerged: today increasingly early bird lured with discounts and additional services while short-term decisions lead to increased costs of the itinerary.