News & Stories
Taunton. A UK survey by has revealed that businesses are failing to tightly control their hotel spend, suggesting that UK businesses waste up to 50% of their hotel expenditure budget.
Berlin/Montreal. Together with the American Society of Travel Agents, the Messe Berlin started a new fair for the travel industry in North America. Both partners signed a declaration of intent about mutually organising and marketing "The Trade Show". "Trade" stands for "Travel Retailing and Destination Expo". For the first time in its 40-year history of the ITB Berlin, the Messe Berlin is exporting the concept of the world's biggest tourism fair.
Lucerne. What are the benefits of music festivals for the hotel industry? Even in Switzerland there are more and more cultural events. New ballrooms and festival halls are emerging and others are planned. The consequence: Hoteliers are asked for sponsorship and make a considerable contribution most of the time. But what are the concrete benefits of festivals? That is what hoteliers would like to know as well. However, they seldom join together in order to support corresponding studies with their own figures.
Munich. Fondstelegramm expects about 150 participants at its "Symposium 2006". On February 2, 2006, during a congress in Munich, the special industry service under the leadership of Stefan Loipfinger will present figures from the "Marktanalyse der Beteiligungsmodelle 2006" to the public for the first time.
Istanbul/Vienna. The Turkish entrepreneur Cem Kinay has bought the previously uninhabited island Dellis Cay, one of the Turks & Caicos Islands in the Caribbean for 50 million US-Dollars. According to the entrepreneur himself, plans are to construct 300 villas and two hotels, reports the Austria agency pressetext. Kinay intends to invest 500 million USD.
Bremen. TUI AG is selling its business travel section consolidated under the one hundred percent subsidiary of TQ3 Travel Solutions Management Holding GmbH to BCD Holdings N.V. in the Netherlands. There will be changes in management, while contracts with existing customers will be left unchanged for the time being.
London. Today's business travellers are surprisingly productive on the move. Advances in technology such as PDA, wireless access in airport lounges and hotels, and laptop connectivity, have made people feel as industrious as their office-based colleagues, but these technology improvements have also enabled travellers to enjoy more personal time as a result.