News & Stories

After a brief dip in the summer, Austrian spas and their associated hotels are once again enjoying brisk demand. Guests have even accepted the significant price increases. Nevertheless, the trend requires a delicate adjustment. The market leader Vamed is also facing changes of its own. 

In Austria, government investment in tourism is expected to remain stable next year. Tourism is not a sure-fire success, knows Austria's State Secretary for Tourism Susanne Kraus-Winkler knows. 

Travel & Tourism in Africa could boost continent’s economy by 168 billion USD over the next 10 years. It could create over 18 million new jobs.

Amsterdam is now officially one of the top destinations in terms of tourist tax rates. In January 2024, the city of Amsterdam will introduce a substantial tax hike of 12.5% per person and night. The new tourism strategy also includes a lot of restrictions for tourists and hoteliers. 

Peter Krueger is self-confident: The M&A expert helped pull TUI out of the corona-induced misery. The former investment banker sees hotels as a profit driver. The portfolio now counts 420 hotels, and 600 are foreseeable. Joint ventures and partnerships are the vehicles, as are management contracts with sales power to boot. TUI in September 2023.

Shopping on holiday and while travelling remains a business worth  billions - with an upward trend. One could earn even more with it.

Despite a flurry of appointments in political Berlin, the National  Platform on the Future of Tourism started its work on Tuesday. Will it  work?

France's summer season ends with bright RevPAR figures, although  occupancy fell, especially on the coasts - a consequence of dwindling  purchasing power. Mountain destinations have been the big winners.

The half-year balance sheets of the international hotel groups largely  coincide in one point: Luxury is booming. hospitalityInside.com wanted to know facts & figures about this, especially in Europe. The answers were disappointing.

Despite rather devastating economic forecasts: Most people do not want  to give up travelling even in the face of significant price increases.  They are even prepared to draw on their savings or forego other  expenses. In addition, the desire among Germans to pay by instalments is  growing.