Traveltainment German tourism market trends Online travel bookings grow fast but travel agents stay top for revenues Online travel bookings are growing rapidly in Germany but travel agents also have solid growth and remain the top sales channel by revenue, according ...more by Paul Needham – Thursday, January 18, 2018
Niki Airline insolvency Investors make new offers for Niki IAG/Vueling, Niki Lauda and potentially TUIfly and Thomas Cook (Condor) are set to make new offers for grounded airline Niki by tomorrow (January 19) after insolvency proceedings were taken over by an Austrian court amid legal chaos. ...more by Paul Needham – Thursday, January 18, 2018
Screenshot Tour operator insolvency (Updated) Glückskäfer Reisen declares bankruptcy Berlin-based tour operator Glückskäfer Reisen has filed for insolvency and stopped trading, affecting some 7,400 customers. ...more by Paul Needham – Wednesday, January 17, 2018
Bentour Tourism outlook Turkey hopes for strong comeback from Germany Turkish tourism chiefs are optimistic about the outlook for 2018 as German bookings rise but want Berlin to tone down its travel advice for the destination. ...more by Paul Needham – Wednesday, January 17, 2018
Privat Outlook 2018 Experts predict “strong year” for German holiday market The German outbound travel market is heading for a strong year in 2018 thanks to good underlying economic factors, according to a leading market researcher. ...more by Paul Needham – Monday, January 15, 2018
Neptunwerft River cruises British investor buys leading German firm Arosa One of Germany’s leading river cruise companies, Arosa Flusskreuzfahrten, is being sold by its private equity owner to a British investor, Duke Street, fvw has reported exclusively. ...more by Paul Needham – Thursday, January 11, 2018
Lenthe/touristik-foto.de Airline deal Legal dispute threatens Niki sale to IAG/Vueling The planned sale of grounded leisure airline Niki to IAG/Vueling could be at risk due to a legal dispute over who is responsible for handling the insolvency. ...more by Paul Needham – Wednesday, January 10, 2018
GettyImages Summer 2018 Turkey bookings recover strongly German bookings for Turkey holidays in summer 2018 are making a comeback after two years of double-digit declines. TUI has a 70% surge in bookings and other tour operators also report strong demand. ...more by Paul Needham – Wednesday, January 10, 2018
Thinkstock fvw survey German tour operators predict better business in 2018 Tour operators in Germany are optimistic about higher sales this year, with many predicting revenue growth of more than 5%, an fvw survey found. ...more by Paul Needham – Tuesday, January 09, 2018
Oliver Roesler CEO interview Sun Express improves results and expands operations The Turkish-German leisure airline grew about 10% in 2017, and is adding planes and routes for summer 2018, CEO Jens Bischof told fvw in an interview. ...more by Paul Needham – Tuesday, January 09, 2018
Holger Peters Fotografie German aviation market Thomas Cook buys Air Berlin unit as airlines eye growth chances Leisure airlines Condor, Eurowings, Easyjet, Vueling, TUIfly, SunExpress and Germania all aim to profit this year from the insolvencies of Air Berlin and Niki through a mix of acquisitions, fleet expansion and new routes – while even LTU could be resurrected one decade after disappearing from the market. ...more by Paul Needham – Thursday, January 04, 2018
Dreamstime German tourism market trends Optimistic outlook for 2018 after solid growth in 2017 The German tourism industry is looking ahead optimistically to 2018 after overcoming setbacks such as airline and tour operator insolvencies to generate solid low growth last year. ...more by Paul Needham – Wednesday, January 03, 2018
André Lenthe Airline sale IAG snaps up Niki to expand Vueling in German-speaking markets Budget airline Vueling will gain a major foothold in Germany, Austria and Switzerland with the takeover of insolvent grounded airline Niki for just €36.5 million. ...more by Paul Needham – Tuesday, January 02, 2018
Thomas Cook Thomas Cook Group Burmeister outlines hotel expansion plans Thomas Cook Group aims to expand its hotel portfolio, manage more properties itself and increase tour operator sales of own brands, hotels chief Ingo Burmeister told fvw in an interview. ...more by Paul Needham – Tuesday, January 02, 2018
Niki Air Niki Bidders queue up for slot-rich insolvent leisure airline Niki Lauda, Thomas Cook, TUIfly, Ryanair and several other companies are poised to make binding offers today for Niki, the insolvent Austrian carrier sitting on lucrative slots at crowded German airports, following the collapse of Lufthansa’s takeover bid. ...more by Paul Needham – Thursday, December 21, 2017
lastminute group Online travel portals Lastminute.com buys Weg.de to expand on German tourism market Swiss-based OTA Lastminute.com is buying one of Germany’s larger online travel portals, Weg.de, from German TV group ProSiebenSat1 for €12 million to expand in Europe’s largest tourism market. ...more by Paul Needham – Thursday, December 21, 2017
Condor Airline insolvency German airlines fly home stranded Niki passengers Airlines have launched extra flights to transport Niki passengers back to Germany over the next few weeks while tour operators are busy re-booking customers with later departures on to other carriers. ...more by Paul Needham – Wednesday, December 20, 2017
Andre Springer Switzerland TUI buys cruise holidays portal TUI is expanding in Switzerland with the takeover of Cruisetour, the country’s leading cruise sales agent, in its latest cruise sector investment. ...more by Paul Needham – Monday, December 18, 2017
Niki Air Leisure airline insolvency German tour operators seek replacement flights after Niki grounding German tour operators and airlines are urgently working on alternative flight plans after leisure airline Niki dramatically declared insolvency last night and stopped all flights as of today, leaving 40,000 passengers stranded abroad. The collapse came after Lufthansa pulled out of a takeover deal due to European Commission objections. ...more by Paul Needham – Thursday, December 14, 2017
Rüdiger Nehmzow 2016/17 results TUI profits from hotels and cruises but Germany takes a hit Strong results from hotels and cruises, lower profits in Germany and a good start to winter 2017/18 bookings were the key points of TUI Group’s annual results. ...more by Paul Needham – Wednesday, December 13, 2017
