British tour operator Thomas Cook has asked Greek hoteliers to renegotiate their package deals downward even more for summer 2019
Numbers from a new study released by INSETE, the Greek Tourism Confederation’s (SETE) intelligence body show big growth on lesser returns. According to the study arrivals in Greece increased by almost 90% in the period 2005 – 2017. Meanwhile, the average tourist spend dropped by 30% on the view of source markets. Once again, however, sustainability for Greece’s tourism seems a highly subjective case in point. Here’s the report, followed by some objective observations.
TUI’s most recent booking trends report shows good demand for Greece (+16%) as well as Spain (+16%) and Bulgaria (+25%), a continuing strong recovery for Egypt (+58%) and Tunisia (+125%), and the company expects double-digit growth for Thailand and the Maldives
With unbeatable airfares and favorable exchange rates, travellers are looking towards Europe and intriguing new ways to explore the region. Luxury travel innovators Abercrombie & Kent have designed a new portfolio devoted to Luxury Tailor Made Travel in Europe, an insider’s guide to the world of customized travel, featuring iconic sites and places not on everyone’s radar, chosen by A&K’s local experts for their distinctive character.
News from Crimea this Summer speaks volumes for Russia’s internal and outbound travel market, as Crimea travel spots boast touristic gains. The economic tensions applied by western powers over Crimea’s return to Russia have had their effects.
Six months into a stent as managing director of Thomas Cook’s UK outfit, Reto Wilhelm returns to Switzerland. Set to resume control of the East-West region, Wilhelm supposedly left UK for personal reasons.
To remain at the forefront of the industry, TUI Travel is creating one ‘virtual’ airline from its five Tour Operator airlines. The Aviation function for the Mainstream Sector will provide a platform for further growth of the Group’s Tour Operators, increase the profitability of its airlines and contribute to the Group’s delivery of a seamless integrated customer experience. Essentially, the Group’s airlines will act as one, with the new leadership structure in place from 1 June 2014.
What was OctopusTravel has now become a GTA booking portal called TravelCube, this according to Travel Weekly. However, appropriate a rebrand is, the question arises; “What’s the best future travel agent conduit to success.”
Argo Travel News had a chance recently to connect with kayak adventurer Dana Paskiewicz (left), Marketing Director of The Northwest Passage, an adventure travel company that aimed at travel from the North Pole to warm southern waters and beyond.
Today I revisited an exclusive villa rental player IAVRA, which I covered initially back in 2011. Back then my review was mega-positive, and I only have more positives to add today about the International Association of Villa Rental Agents (IAVRA) mode and method for renting us all fantastic getaways. Let’s take a look at how far these travel entrepreneurs have come.
Global hospitality firm Carlson has announced Trudy Rautio (at left) as the new president and CEO after Hubert Joly steps down. The move makes Rautio on the 5th head of the company in its 74 year history. The family owned business includes the brands Radisson Hotels, T.G.I Friday’s, and Carlson Wagonlit Travel.
News from London reveals CT Business Travel’s acquisition of Maidstone business Medway Travel Limited. After 8 months of research in the sector, CT Business Travel selected Medway as their logical growth opportunity.
Amadeus has lauched its new Amadeus Hotel Optimization Package, a product offering services and technologies that promise to bring numerous benefits large travel agencies across the world
Beleaguered Thomas Cook has unloaded gold and hotel business in Spain to help slash debt which has crippled their business of late. The 170 year old company will be selling their stake in Hoteles Y Clubs De Vacaciones for a reported £72 million. The news comes in advance of delayed Thomas Cook annual results which will almost certainly spur massive store closings and job losses.
If you’ve ever wondered how travel companies like Thomas Cook got so prominent, last weeks 170th anniversary of their founders holidays should be a clue. Thomas Cook’s first hosted tour, a train ride with 500 demonstrators back in 1841, launched maybe the world’s most respected holiday travel company.