Hotel investments

Alltours increases profits and predicts good growth this year

Alltours
Alltours owner Willi Verhuven (left) and managing director Markus Daldrup (right)
Alltours owner Willi Verhuven (left) and managing director Markus Daldrup (right)

German tourism group Alltours expects good growth this year, with strong bookings for Greece and Spain along with a comeback for Turkey, and plans to re-invest last year’s higher profits in further hotel expansion.

The Düsseldorf-based group increased pre-tax profits by 12.7% to about €63 million in the year ending October 2017. The tour operator busi
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