Tourexpi
German consumer sentiment expected to weaken in February
Consumer
morale in Germany is projected to worsen in February, according to data
released on Wednesday.
Market
research company GfK have expected minus 22.4 points for consumer sentiment in
February, down 1 point from January's downwardly revised figure of minus 21.4
points.
"The
Consumer Climate has suffered another setback and starts gloomy into the new
year. The few hopes of a cautious recovery that emerged after the rise in the
previous month were dashed," said Rolf Bürkl, consumer expert at NIM.
"A
sustainable recovery in the Consumer Climate is currently not in sight,
especially as the inflation rate has also risen again recently," he added.
The
income expectations of consumers also fell 2.5 points in February and currently
stand at minus 1.1 points.
The
propensity to buy lost 3 points and stand at minus 8.4.
Consumers'
confidence in economy fell 1.9 points to a current value of minus 1.6.
Image
Credit: © AA
The most interesting news
Wizz Air Abu Dhabi Expands Network with New Routes to Beirut and Gabala
Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, continues its expansion with the introduction of two new routes, connecting Abu Dhabi to Beirut, Lebanon, and Gabala, Azerbaijan. The new flights will offer travelers affordable and
Emirates expects busy travel weekends ahead of and during Eid Al Fitr holiday
The busiest time for departures in Terminal 3 will be on the 28 and 29 March, and on the 5 and 6 April, with more than 80,000 daily customers making their way abroad for their spring break holidays.
H World Group Reports Fourth Quarter and 2024 Full-Year Financial Results
H World Group Limited (NASDAQ: HTHT and HKEX: 1179), a key player in the global hotel industry, announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024.
The ASTA River Cruise Expo Returns to Amsterdam in 2026
Registration is now open for members of the American Society of Travel Advisors.
World Sustainable Travel & Hospitality Awards announces Terra, Expo City Dubai as 2025 Venue Partner
World Sustainable Travel & Hospitality Awards has announced that its 2025 Ceremony will take place at Terra, Expo City Dubai. Leaders in sustainable tourism will gather for the VIP reception on 29 October for the unveiling of the 2025 winners.
UN Tourism and Germany pave the way towards inclusive employment and accessibility
UN Tourism has joined the Federal Ministry for Economic Cooperation and Development (BMZ) to shift the mind-sets of destinations and businesses regarding workers and customers with disabilities.
Etihad and Ethiopian launch strategic joint venture and new flights between Addis Ababa and Abu Dhabi
The national airlines of the United Arab Emirates and Ethiopia have joined forces in a landmark Joint Venture (JV) that will transform connectivity between Africa, the Middle East, and Asia. Signed today at Ethiopian Airlines' headquarters in Addis A
CRESCENT SEAS sets sail: the future of luxury residences at sea
Industry Veteran and Successful Real Estate Developer Redefines the Cruise Industry Again
Novotel and Paris Saint-Germain Introduce Legendary Rooms
Immersive Experiences Celebrating Football's Greatest Icons
Lufthansa new First Class premium experience
The travel experience in Lufthansa First Class with the new cabin interior on long-haul flights is now even more exclusive
Air France Unveils New La Première Suite for Exclusive Travel Experience
Air France is reinventing luxury travel with the introduction of its new La Première suite, available starting in Spring 2025 on select Boeing 777-300ER aircraft. This exceptional suite, developed over three years, reflects French elegance and art d
Successful RCF refinancing
TUI upsizes its core financing instrument and returns to a five-year tenor
Malaysia Aviation Group Announces Order for up to 60 Boeing 737 MAX Airplanes
Firm order for 18 737-8 and 12 737-10 jets and options for 30 more to renew Malaysia Airlines' single-aisle fleet, will provide premium flying experience
Wellness Pioneer Sensei Expands Global Footprint with Debut at Zadún, a Ritz-Carlton Reserve
Zadún, a Ritz-Carlton Reserve, the renowned resort in Puerto Los Cabos, Mexico, announces a partnership with Sensei, the luxury wellbeing company founded by Larry Ellison, technology pioneer and co-founder of Oracle, and Dr. David Agus, a world-lead
Hamad International Airport Unveils State-of-the-Art Concourses D and E
Completed ahead of schedule, boosting annual passenger capacity more than 65 million at the World’s Best Airport
easyJet releases more Fearless Flyer course dates as it celebrates the 200th programme in May
easyJet has announced additional Fearless Flyer courses are available to book now to help aerophobes take to the skies with confidence in 2025.
Hyatt Place Nairobi Westlands and Hyatt House Nairobi Westlands Now Welcome Guests
Hyatt Hotels Corporation have announced the opening of Hyatt Place Nairobi Westlands and Hyatt House Nairobi Westlands, the first dual- Hyatt branded project in Africa that offer travelers and World of Hyatt members more choice of stay in Nairobi.
Norwegian Aqua makes grand Debut with inaugural Voyage in Europe
Norwegian Cruise Line® (NCL), a global leader in innovative cruise travel, has welcomed the first guests aboard the highly anticipated Norwegian Aqua as she embarks on her maiden voyage from Lisbon to Southampton, England.
Air Canada’s New Café at Montréal-Trudeau International Airport
Air Canada is introducing its newest Air Canada CaféTM at Montréal-Trudeau International Airport, offering a seamless, premium grab and go experience for eligible domestic travellers. Designed for convenience and comfort, this new addition, located
10 Things to Experience in Abu Dhabi this Easter
Sunshine, Culture and Delightful Spring Adventures
World Sustainable Travel & Hospitality Awards and Fresh On Table partner up
World Sustainable Travel & Hospitality Awards has announced a strategic partnership with Fresh On Table, the leading AgriTech platform championing local and sustainable food sourcing.
