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TUI Temporarily Quits Operations Over COVID-19 Pandemic

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TUI has temporarily suspended most of its travel operations due to the Covid-19 pandemic. Company spokespersons say the move is a “compliance” and “industry adjustment” move. The news comes as the whole industry is in a state of shock as to “next moves.” TUI is on a shortlist of companies investing gurus say may be […]

ITB Berlin is Cancelled for the First Time in 54 Years

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The ever increasing spread of the novel coronavirus COVID-19 has now forced the Federal Ministry of Health and the Federal Ministry of Economics of Germany to cancel ITB Berlin. The news from the exhibition’s organizer Messe Berlin announced on Friday night. The show, scheduled to run between March 4-8 in Berlin, is one of the most anticipated travel industry events in […]

Europe Rooms Looking Up According to Experts

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Key people and analytical indicators predict a very positive Europe Hotel market going forward. With the European bond market ramping upward, and big hotel players making huge investments, most analysts agree Europe travel may be coming out of the recessive woods. Despite the positive signals though, price cramping and other considerations will continue to prove problematic for some hoteliers.

European Vacation Rentals: Room At the Top

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Key findings from PhoCusWright, presented by Tnooz, reveal the strength of Europe’s holiday rental segment. Despite the complexities of the European holiday rental market, the potential for revenue there is undeniable, PCW estimates the current in the report titled: PhoCusWright’s European Vacation Rental Marketplace: 2011-2013. €20 billion euro is one powerful incentive for studying rentals.

WTM Shines Brightest Shining On Sustainability

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One highlight of the World Travel Market (WTM) held last week in London, was Fiona Jeffery’s opening speech concerning the industry’s responsibilities. Jeffery’s Director of Reed Travel Exhibitions WTM, spoke before 500 plus travel decision makers about altruism, as well as corporate strategies going forward.