Market Update

Please note: the following information has been compiled from the most important German-speaking Trade Media. CURRENT MAJOR TOPICS WITHIN THE TOURISM INDUSTRY IN THE DACH REGION  BOOKING.COM PRESENTS ITS SEVEN TRAVEL TRENDS FOR 2024: Booking.com, a leading digital travel platform, has identified seven travel trends for 2024 based on a survey of over 27,000 travelers from 33 countries. The study…

Please note: the following information has been compiled from the most important German-speaking Trade Media.   CURRENT MAJOR TOPICS WITHIN THE TOURISM INDUSTRY IN THE DACH REGION  GLOBAL HOSPITALITY INDUSTRY GROWS TWICE: Global hotel occupancy through the end of August 2023 was 10% above 2022 levels, with fourth-quarter reservations 11% higher than a year earlier. Average revenue per available room…

Please note: the following information has been compiled from the most important German-speaking Trade Media.   CURRENT MAJOR TOPICS WITHIN THE TOURISM INDUSTRY IN THE DACH REGION  POPULAR DESTINATIONS REMAIN AFFORDABLE: Amidst a resurgence in travel post-pandemic, German holidaymakers are facing an average of 30% price increase compared to 2019, yet popular destinations remain reasonably affordable this fall, according to…

Please note: the following information has been compiled from the most important German-speaking Trade Media.   Current major topics within the tourism industry in the DACH region   MORE GUESTS, LESS REVENUE: In the first half of the summer, the tourism sector recorded a slight increase of 1% in the number of guests and 2% in overnight stays compared to the…

Please note: the following information has been compiled from the most important German-speaking Trade Media.   Current major topics within the tourism industry in the DACH region   Pandemic behavior moves into the background: These are the key points of the Allianz Travel Study 2023 in Switzerland: travel intensity has increased, price increases are influencing booking behavior, unsettled behavior is fading…

Please note: the following information has been compiled from the most important German-speaking Trade Media.   Current major topics within the tourism industry in the DACH region   SUMMER BUSINESS REMAINS STRONG: According to an analysis by Travel Data + Analytics, the 2023 summer season is on track to be close to 2019’s results. By the end of July, total revenue…

Please note: the following information has been compiled from the most important German-speaking Trade Media.   Current major topics within the tourism industry in the DACH region   TRAVEL INDUSTRY EXPECTS CONTINUING HIGH SALES: Sentiment in the executive suites of tour operators and travel agencies deteriorated slightly in August 2023, according to the Ifo Business Climate Index. The index fell by…

Please note: the following information has been compiled from the most important German-speaking Trade Media.   Current major topics within the tourism industry in the DACH region   TRAVEL AGENCIES CHOOSE THE BEST SHIPPING COMPANIES: The latest cruise study by fvw|TravelTalk evaluates the most important ocean cruise providers based on feedback from travel agencies and online portals. According to the study,…