AirDNA: Holiday cheer ahead for Europe as demand, revenues continue recovery

Demand, measured by the number of listing nights stayed over the previous month, was just 8.3% below that of October 2019 (+48.9% over 2020). This is a substantial improvement from September, when demand was 25% lower than in 2019, and the highest percent change since the start of the pandemic, according to AirDNA. Average daily […]

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American tourists still plan their holiday in Europe

France, like Belgium, Great Britain and Italy, are all struggling with the threat of terrorism and with all the security measures and problems this entails. Nevertheless, American tourists still like the Old Continent, according to the eighth survey on European Tourism. American tourists planning a summer holiday were asked in the study organized by Travel […]

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Thomas Cook customers booking late in ‘volatile’ market

Customers are booking later this year in the ‘volatile market environment’, according to a trading update by Thomas Cook today. Chief executive Peter Fankhauser said: “We know that customers want a summer holiday but we can see that some are leaving it later to book this year as they consider their options. ‘”Against this backdrop […]

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TOURISM IN SPAIN RECORDED 11.2% GROWTH IN JANUARY

Spain started the year by breaking another tourism record. In January, traditionally one of the low-season months in Spain (except for the Canary Islands), there were 3.5 million international tourist arrivals, 11.2% more than in the same month in 2015. Tourism in Spain increased mainly thanks to the British who traveled to Spain 16% more […]

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Record €23.7 Billion spent on Hotels in Europe in 2015 as transactions reach highest level ever

European hotel transaction volume totalled €23.7 billion in 2015, a record level and an increase of 66% on the previous year, according to our annual European Hotel Transactions report. The year outperformed pre-downturn levels driven by an extremely active portfolio transactions market. Investors from Europe accounted for €10.9 billion worth of transactions with activity from […]

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Greek Islands among 10 of the best island-hopping tours

Santorini,  Crete, Rhodes, and the picturesque islands of Symi and Mykonos, among the 10 of the best islands! Sailing adds an air of glamour to any adventure: whether hopping onto a swish mega-yacht for a week-long liveaboard or clambering onto a catamaran for a day trip, the romance of setting sail for destinations unknown still […]

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In Sync with the Millennial Mindset: Hoteliers Roll out New Products for a New Generation

Seeking to attract the biggest market on the horizon, a growing number of hoteliers are gearing brands toward the “Millennial mindset.” The latest technology and the highest-speed Wi-Fi appeal to their need to always be connected, while new room designs appeal to their sense of authenticity. From narcissistic to tech-savvy to adventure junkies, the adjectives […]

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German market trends: Summer bookings turn deep-red

January was a catastrophe for holiday bookings on the German market with a 12% decline but experts are still hopeful that the summer season can be saved. Normally the strongest month for summer holiday bookings, January showed a 12% year-on-year fall in sales, according to the monthly GfK Travel Insights representative survey which analyses some […]

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