Ryanair attacks OTA eDreams | New complaint about overcharging

Ryanair is launching a new attack on online travel agencies, with its research for April highlighting eDreams as the top “pirate”, as it overcharges the travelling public by 216% (€25.24) for booking a seat that costs just €8 on Ryanair’s website. The same online travel agency also charged consumers double for the transport of 10 […]

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The 2024 tourism year for Turkey predicts a strong growth

Turkey is proving popular, with the number of German visitors already showing double-digit growth, according to new statistics. In general, Turkey has seen a strong attraction of foreign tourists in recent times. Overall, the Mediterranean destination saw a strong increase in foreign tourists in January and February compared to the previous year. Germans flocked to […]

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What are the differences in invoiced values between February 2024 vs. 2023? The assessments of ta.ts Reiseburospiegel

According to ta.ts Reiseburospiegel, total sales growth in 2024 was 13% higher than in February 2023 and incoming orders were up just 3.4%. Small increase but enough for the development of the industry. The total invoiced turnover of the travel agencies included in the ta.ts travel agency survey in February 2024 was up 13.0% on […]

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HVS Valuation Index reveals that European hotel values have moderate upside in 2023

According to the annual European Hotel Valuation Index (HVI) HVS 2024 published this week, business values have experienced a modest rise without reaching pre-pandemic levels. The post-pandemic rise has been driven by a prolonged need to travel. These influences combined to offset the impact of a number of geopolitical challenges including the war in Ukraine, […]

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Tax free shopping sales in store recovery reached 141% in February 2024, says Global Blue

Global Blue reveals that the global tax-free market recovery momentum remains strong in continental Europe and Asia Pacific. Globally, the recovery in like-for-like store sales reached 141% in February 2024 compared to the same period in 2019, up from 135% in January ’24. A Steady Worldwide Recovery, Compared to 2019 Levels In Continental Europe, the […]

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Are there limits to the financial risks for travel industry experts?

Choosing package holidays helps protect payments for consumers while leaving travel agents, tour operators and banks exposed to the risk of financial risk. That leads financial service providers to increase the costs for handling payments and places “a burden on the industry and its sustainability”, according to Sami Doyle, director of Trust My Group and […]

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Optimistic messages from the contacts of the Deputy Minister of Tourism of Cyprus at ITB Berlin

Kostas Koumis, Deputy Minister of Tourism, who was the head of the Cypriot Delegation at the famous tourism exhibition ITB Berlin, successfully concluded his contacts in Germany on issues concerning the aviation sector and the negative image of the German economy. Specifically, Mr. Koumis held a series of contacts with the heads of tourism organizations […]

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Hopes for growth in the travel market surpassing 2019 – ITB Berlin

In 2023, the travel market not only recovered from its slump during the crisis of the Covid pandemic, it even surpassed 2019 levels. “Now we can really say the pandemic is over“, said Charuta Fadnis, vice president of the tourism market research company Phocuswright, on Monday at the opening of ITB Berlin, the World’s Largest […]

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SHR Group reports the Hotel Industry Trends Report for 2024

-The reciprocal relationship between hotels and online travel agents (OTAs) is well understood but it would be a mistake to think that there exists an unchanging status quo. Hoteliers need to know that there have been some big shifts in spending patterns in the past year as OTAs seek to claim market share and, ultimately, […]

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