German market trends

Cruises keep November bookings afloat

German travel agents saw stable holiday bookings last month – but only thanks to strong sales of cruises, according to new research. more

Consumer rights

German court limits holiday deposits

Germany’s top court has limited the size of holiday deposits, put back the date of full payments and limited cancellation fees in a wide-ranging ruling on consumer rights that could seriously impact tour operator finances. more

 

TUI

Higher profits in all business areas

TUI AG has improved profits significantly thanks to better results from its package holidays, hotels and cruises divisions, and predicts further growth next year. more

 

Air Berlin

Gov’t okay for Etihad

The German government has approved Etihad Airways’ financial investment in Air Berlin but imposed several important conditions. more

 

TUI Travel

Higher profits ahead of merger

TUI Travel has announced higher profits and lower revenues for the year ending September 2014, and expects the forthcoming merger with TUI AG to further boost the combined group’s business. more

 

Lufthansa

New budget brand Eurowings set for takeoff

Lufthansa’s new budget brand ‘Eurowings’ will take off next year with low-fare short-haul and long-haul flights aiming to win customers from European low-cost and leisure airlines and overseas-based carriers. more

 

German market trends

Solid growth for tour operators in 2014

German tour operators overcame diverse obstacles and crises this year and generated low but solid growth, according to the German Travel Association (DRV). more

 

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