tui

Strong travel summer for TUI Group

• TUI almost breaks even in Q3 2022 despite additional costs of 75 million euros for disruptions in air traffic – without additional costs clearly in the profit zone: adjusted EBIT 48 million euros (with expenses for additional costs -27 million euros) • Growth segment Holiday Experiences with clear positive underlying EBIT of 122 million […]

Δείτε περισσότερα

UNWTO: International tourism consolidates strong recovery amidst growing challenges

International tourism continues to show signs of a strong and steady recovery from the impact of the pandemic despite significant mounting economic and geopolitical challenges. According to the latest UNWTO World Tourism Barometer, international tourism saw a strong rebound in the first five months of 2022, with almost 250 million international arrivals recorded. This compares […]

Δείτε περισσότερα

GlobalData: European tourism company filings indicate ESG is the most pressing industry issue

GlobalData’s Company Filing Analytics reveals that environment, social and governance (ESG), COVID-19 and geopolitics are the top three themes mentioned by European tourism companies so far in 2022, respectively, indicating that these are the most pressing issues that the continent’s tourism industry faces. As shown by the leading data and analytics company, ESG is the […]

Δείτε περισσότερα

Attica Group expands its presence in Greek hotel industry in the Cycladic island of Tinos

Attica Holdings S.A. (“Attica Group”), expands further its presence in the Greek tourism industry and announces the acquisition of the owning company of “Tinos Beach” hotel by its subsidiary Attica Blue Hospitality S.M.S.A (“Attica Blue Hospitality”), for a total consideration of Euro 6.5 million, financed through a bank loan and own funds. Tinos Beach is […]

Δείτε περισσότερα

STR: Riyadh hotels reported higher occupancy in June

Riyadh’s hotel industry reported higher occupancy than the month prior, but lower room rates, according to preliminary June 2022 data from STR. According to STR data: • The occupancy rate was: 56.5% • Average daily rate (ADR): SAR580.61 • Revenue per available room (RevPAR): SAR328.17 While ADR and RevPAR fell month over month, each of […]

Δείτε περισσότερα

ETC: Strong outlook for European tourism recovery | Staff shortages & cost of living crisis loom

As concerns over Covid-19 wane, Europe is expected to recover 70% of pre-pandemic travel demand in 2022 Sudden surge in consumer demand coupled with staff shortages pose serious challenges for the sector going into the summer months Long-haul travel into Europe continues to lag significantly behind short- and medium-haul recovery Uncertainty brought about by worsening […]

Δείτε περισσότερα
money tourism copyright photo

Tourism recovery gains momentum as restrictions ease & confidence returns

Tourism continues to recover at a strong pace. Globally, destinations welcomed almost three times as many international arrivals in the first quarter of 2022 as in the same period of 2021, with Europe leading the sector’s rebound. According to the latest UNWTO World Tourism Barometer, international tourism saw a 182% year-on-year increase in January-March 2022, […]

Δείτε περισσότερα

How to increase sales in tourism industry

Selling travel for concert-goers and sports event attendees shouldn’t be like moving heaven and earth says Simon Goddard from Vibe -and now is the perfect moment to take advantage of the recovery of public events.  When asked by journalists why he robbed banks the infamous bank-robber Willie Sutton responded “because that’s where the money is”. Likewise, […]

Δείτε περισσότερα

Cruise Industry is sailing back toward a better future

At Seatrade Cruise Global in Miami, Florida, Cruise Lines International Association (CLIA), shared new findings that are evidence of the cruise community’s resilience. “As the industry resumes operations, passenger volume is expected to recover and surpass 2019 levels by the end of 2023, with passenger volumes projected to recover 12% above pre-pandemic levels by the […]

Δείτε περισσότερα

ITB Berlin: Summer 2022 promises good business for the tourism industry, despite lasting changes in travel behaviour

Things are looking up: according to forecasts by Statista, the global tourism market will reach $637 billion, an increase of 50 per cent – Holiday flights from Germany will overtake pre-crisis levels this summer already – Long-term changes in travel behaviour due to the pandemic are not affecting decision-making and destination choices – The war […]

Δείτε περισσότερα