News & Stories

With Macau's first hybrid meeting room, live streams and hologram functions, a top-class MICE meeting in Macau impressively presented the trends in meetings and events in the future: Digitisation and AI. The solutions are many and various.

While hotel investment in some key European markets, like Germany or the UK, is languishing, it is ramping up sharply in Portugal. The investment doubled, and the pipeline is impressive. Experts praise the country as one of the most competitive tourism destinations in the world - boosted by remote working, co-working capacity, warm weather, low cost of living and excellent airline connections. 

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.