News & Stories

Dubai. The high debt of Dubai World and the Nakheel real estate developer have driven the Emirate of Dubai into financial distress. In the meantime, investors fear Dubai's bankruptcy.

Vienna. The Austrian Ministry of the Economy and the advertising company Oesterreich Werbung will increase advertising for winter 2010. The marketing budget will be employed increasingly at home.

Venice. Natural resources and increasing tourism make Africa seem a market of the future with enormous potential. The "black continent" is just as inhomogeneous as the former Soviet republics. The political and economic conditions vary extremely between individual nations. A workshop at the 7th International Hotel Conference in Venice in mid-October featured experts who have been working with African countries for quite a while now. An overview and a short portrait of African Sun Hotels, the first Pan-African hotel group with major expansion plans.

Munich. FTI, the German tour operator, better known for cheap travels so far, will issue two luxury catalogues including 5 and 6-star hotels for the first time and will launch the new "Gold by FTI" brand. FTI managed to acquire 244 hotels for the premiere, and almost all luxury hotel groups are joining in. With this step, FTI attacks established quality tour operators like airtours and Dertour deluxe.

Bad Mitterndorf. A Thomas Cook hotel group turns its attention to Austria. The hope is that the two new Aldiana Clubs, one in Styria and one in Carinthia, will contribute to single-digit sales growth in 2010. Aldiana's love of the new club with thermal bath in Bad Mitterndorf in Styria has, however, been sweetened with the biggest subsidy ever granted up to now. In 2005, Aldiana Club was sold by Thomas Cook to the Spanish Grupo Santa Cazorla.

Munich. Trade fairs affect the hotel industry in a special way. Fairs increase the hotel-occupancy rates. Among the German trade fair cities Duesseldorf benefits most, according to a brand-new study also pleading for expo sites in the smaller cities - seen from an economic perspective. Smaller cities benefit most from additional jobs.

Singapore. At the opening of the 2009 ITB Asia in Singapore this Wednesday, Asia's travel industry is optimistically showing that the lowest point of the global recession has been passed and that the tourism industry can expect positive growth figures in 2010.

Munich. As generally expected, this year’s Expo Real, the 12th International Commercial Property Exposition, showed a decline in attendance of around 15% to 21,000 visitors from 73 countries. In addition to the visitors, the exhibiting companies brought 14,750 representatives to the trade fair. Expo Real 2009 thus hosted over 35,000 participants.

Hanover. The new summer catalogues for 2010 which have been on the market since yesterday are also celebrating the 40th anniversary of the Robinson Clubs. Following the motto "time for emotions", the anniversary's slogan confidentially says: "I love Robinson". Here is some news on this matter.

Frankfurt. An online survey among the visitors of the sixth "Business Travel Show", which took place from September 30 to October 1, 2009, in Duesseldorf, turned up interesting results about what business travellers really want. The main desire is that hotels offer good service. The trade fair itself focused mainly on the issue of saving money.