Hoteliers, more driven than ever
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The joy of travelling, ITB frustration and useful modules
Dear Insider,
Each year, the ITB sees a veritable flood of figures, analyses and forecasts on the global travel market bubble up from many sources. Performance in 2024 is impressive, and the outlook for 2025 is promising. Despite the tense political (and economic) situation, the tourism industry shows "hardly any signs of disruption", as Fred Fettner notes with regard to current studies. Above all, air travel with a sun guarantee is a perennial favourite. Too expensive? Doesn't matter Holidaymakers tighten their belts in other areas of everyday life.
The mood in the business travel segment is one of upheaval rather than optimism. This is where the economic downturn hits. Experts had expected a permanent 10 to 30 percent reduction in business travel in Germany in the post-coronavirus period. Apparently too optimistic. The nervousness grows. New forms such as Bleisure Travel and Travel in Motion as a way out? Let’s wait and see.
Anyone travelling on business needs accommodation that is budget-friendly and central. Modular hotels are springing up, not least for this target group. Novum CEO David Etmenan and Carsten Fritz, Managing Director of NXTbau, explain in an interview just how fast and sustainable "Lego-style" construction works out in practice for investors and operators.