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itb ITB Berlin

EXCLUSIVE: These are the numbers of tour operators for the Summer! | What Ebel, Heapy, Der Touristik, MTS, easyJet told M&T | What are the increases for 2025?

Editor Alexaki277Leave a Comment on EXCLUSIVE: These are the numbers of tour operators for the Summer! | What Ebel, Heapy, Der Touristik, MTS, easyJet told M&T | What are the increases for 2025?

The prospects for the 2024 summer season are excellent, as almost all tour operators -with few exceptions- and especially the big ones, see a significant increase in bookings, with the Mediterranean and Greece attracting the interest of European tourists. In the context of this year’s ITB, ΜΟΝΕΥ & TOURISM spoke with leading tour operators, namely […]

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Autohellas: new all-time high in the company’s financials | Consolidated turnover reached €1 billion, with a net profit of €85 million

Editor Alexaki107Leave a Comment on Autohellas: new all-time high in the company’s financials | Consolidated turnover reached €1 billion, with a net profit of €85 million

-Proposed dividend of EUR 0.70 per share For the 3rd consecutive year, Autohellas recorded an all-time high for the Group in terms of both Consolidated Operating Income and Operating and Pre-Tax Profitability, according to its annual results for 2023, announced. Specifically, the Group recorded a 31% increase in Consolidated Turnover, which amounted to €1,002.7 million […]

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Negative developments on TripAdvisor Plus at the Phocuswirght Conference

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Tripadvisor’s attempt to create a subscription program that would give travelers discounts, drive bookings for suppliers and revenue for itself is ending after just more than three years. “We’ve taken the decision to end our Tripadvisor Plus program,” said a Tripadvisor spokesperson in an emailed statement. The program initially became available in beta in December […]

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Travellers’ choice for 2024 is based on the cost of loyalty and transparency

Editor Alexaki319Leave a Comment on Travellers’ choice for 2024 is based on the cost of loyalty and transparency

-In 2024, booking travel still presents challenges such as price fluctuations, hidden fees, uncertain cancellation policies, noisy online platforms and poor customer service add to the complexity. Brands that strike a balance between security, transparency and tailored offerings are poised for success in the evolving landscape of travel booking. Overcoming travel booking fatigue requires a […]

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intercontinental

IHG: Profit over $1 billion for the first time | Strong travel demand drives profitability

Editor Alexaki102Leave a Comment on IHG: Profit over $1 billion for the first time | Strong travel demand drives profitability

InterContinental Hotel Group (IHG) operating profit increased 23% to exceed $1 billion for the first time in 2023. While, after-tax profit increased to $750 million in 2023, up from $376 million a year earlier. Key indicator revenue per available room (RevPAR) rose 16% year-over-year thanks to strong trading following the lifting of travel restrictions imposed […]

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DidaTravel reveals Chinese New Year Insights: Chinese travelers continue to show Increasing Interest in Outbound Destinations

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During the Chinese New Year period there was a tripling of the percentage of people who had made hotel bookings i.e. there was a 310% increase compared to the same period in 2023. Through the bookings it was seen that Thailand, Singapore and Malaysia now stand out as destinations as there are announcements highlighting visa-free […]

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Autohellas on the Athens Stock Exchange on the occasion of the debenture bond

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The Athens Stock Exchange welcomed today the Management, executives and partners of Autohellas, on the occasion of the recent start of negotiations of its bond on the Main Market of the Stock Exchange, on Wednesday, January 24th. The CEO of Autohellas Mr. Eftihios Vassilakis declared the meeting open by ringing the traditional bell. The CEO […]

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Positive signals from the main tourism markets for Greece for the 2024 season

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Gross Domestic Product (GDP) and Private Consumption in the main tourism markets for Greece and Greek Tourism are expected to remain at the same levels in 2024 as in 2023. At the same time, prices of energy products, transport costs and inflation, in general, are expected to follow a downward trend, while the euro is […]

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WTTC and Hotelbeds uncover Global Tourism Trends

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The World Travel & Tourism Council (WTTC) partnered with Hotelbeds to bring sector leaders together in Palma, Mallorca, to delve into the ever-evolving dynamics of global Travel & Tourism. Titled “Global Trends in the Tourism Sector”, the event provided a platform for attendees to gain valuable insights into the current state of Travel & Tourism […]

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ACI Europe: Passenger traffic on a steady rebound in the first half of 2023

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Passenger traffic across the European airport network increased by +28.3% in H1 2023 compared to the same period last year -with international traffic (+32.2%) growing at twice the rate of domestic traffic (+16.6%). The pace of growth eased in Q2 (+16.3%) compared to Q1 (+49%), reflecting the fact that COVID-19 restrictions on intra-European travel had […]

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