Automatic

💰 After a strong early booking period for Mediterranean destinations, the German market has seen a slowdown in the past four weeks, with reservations for Spain, particularly in July and August, being affected by high prices. A 2% growth in the German market is considered satisfactory due to its maturity and stability. The trend towards higher prices for lower occupancy in hotels and the competition from more affordable destinations like Turkey are influencing booking behaviors. Additionally, online package sales are growing, and market consolidation, including Dertour's acquisition of Hotelplan, is making market analysis challenging. Spain remains costly for the peak summer season, while Turkey is becoming more competitive. Popular German destinations include Mallorca, Costa del Sol, and the Canary Islands in winter. W2M, part of Grupo Iberostar, has made a significant commitment to the German market, evident at ITB Berlin, where they were a prominent sponsor. Gabriel Subías, CEO of the group, reports double-digit growth in the German market for their Bedbank division.

🇨🇺 Cuba welcomed 2.2 million international visitors in 2023, a 9.6% decrease from the prior year, marking a 50% reduction from pre-pandemic levels in 2019. In January, typically peak season, arrivals plunged 24.6% to 196,004 tourists, with Canada (88,980 visitors), the US (13,666), Russia (11,974), Germany (6,389), and France (4,561) as top sources. Germany was the only top 10 country to increase visitors by 3%. The Cuban tourism industry suffers from a severe economic and energy crisis, exacerbated by US sanctions and reduced flight frequencies, impacting major markets like Canada, Spain, and the UK. Cuba's inflation was reported at an annual 24% in January, with prices tripling since 2020. The pandemic, US sanctions, and domestic policy mishaps compounded Cuba's economic woes, resulting in significant social unrest and unprecedented migration.

🏖️ Spain welcomed 5.1 million international tourists in January 2025, a 6.1% increase from January 2024. The UK led with 863,286 arrivals, up 3.6%, while Germany saw a 2.4% decline. Other countries like Belgium, Nordic countries, and Switzerland also experienced decreases. Tourism spending in Spain reached €7.132 billion, up 8.9% from 2024. The average spending per tourist was €1,408, a 2.7% year-over-year increase, and daily spending rose by 4.3% to €165.