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DRV 2008 congress

German tourism industry cautiously optimistic for 2009

German tourism industry cautiously optimistic for 2009 Good results for 2008 and cautious optimism for 2009 despite the worsening economic climate – those were key messages for 800 delegates at last week’s annual congress of the German Travel Association (DRV) in Budapest. German tourism industry cautiously optimistic for 2009
 
 
 

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TUI

Lower capacity, higher prices and better profits

Higher tourism profits for TUI chairman Michael Frenzel.
Lower capacity, higher prices and better profits TUI improved underlying tourism profits in the third quarter thanks to capacity reductions and higher prices in key markets. Revenues grew strongly due to the first-time consolidation from First Choice. Lower capacity, higher prices and better profits

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