DER Touristik Group is moving deeper into Central & Eastern Europe with the acquisition of Romanian tourism businesses Nova Travel, Danubius Travel and Touring Europabus through its Prague-based subsidiary Exim Holding.
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Leading tour operators in Germany are already taking bookings for summer 2020 holidays at the same time as trying to stimulate bookings for this summer.
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Germans went online to book more package holidays in June but summer 2019 sales are still down by 2% on an overall cumulative basis, according to the latest monthly Travel Insights sales analysis.
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Airlines are struggling to make profits on European routes, not least due to price pressure from fast-expanding Ryanair-owned Lauda. CEO Andreas Gruber will explain his low fares policy at the fvw Kongress in September.
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Hoteliers on Majorca have slashed prices to persuade German holidaymakers to return to their favourite Spanish island instead of heading for cheaper destinations such as Turkey and Egypt this summer.
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Ingo Burmester, the new head of Germany’s third-largest tour operator, DER Touristik, plans to shake up the company, build up omnichannel sales and return to revenue growth with more focused holiday brands.
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Freshly rebranded Awaze is Europe’s largest supplier of managed holiday homes, a market with big growth potential. Swedish CEO Hendrik Kjellberg will outline the group’s ambitions and his views on the future for vacation rentals at the fvw Kongress.
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FTI Group is claiming dramatic growth this summer despite weak overall demand in Germany and is expanding its ‘individual holidays’ brand for next winter.
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Greece was the big winner among top destinations last month as Germans finally started booking summer holidays in bulk, the latest monthly package holiday booking figures from Amadeus show.
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Germans look likely to keep flooding back to the Red Sea next winter, prompting tour operators to expand their portfolios, but Egypt could face tougher competition due to price cuts in the Canaries.
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