Square Enix scheduled to release the next update for the FINAL FANTASY XV on December 22, 2016 on PlayStation 4 and Xbox One too.
The first DLC available will be free with the Season Pass which is the FFXV Holiday Pack+ but if you don’t have the Season Pass you can download the FFXV Holiday Pack (Free) also from December 22.

Both DLC package includes a ticket for the upcoming Chocobo Festival which will be held in 2017 January (exactly day is unknown).
In addition, the update which will be available from December 22 going to adds the “new game plus” mode after you cleared the game and you can get the “SNS photo frame” what you can for your screenshots. Check out the pictures in the gallery!