Automatic

🏖 60% of travel agencies in Spain predict sales of tourist packages for the autumn and winter season will surpass last year, as per ACAVE. Summer sales soared, with 55% of agencies seeing a 5-15% increase, 9% above 15%, and 27% matching previous results. The sector capitalizes on savings accumulated during the pandemic, though these funds are dwindling. ACAVE's forum in Barcelona highlighted the challenges of rising travel costs and diminishing consumer savings.

🏖️ TUI born from a merger in Germany in 1968 and consolidated as TUI AG. Key mergers include TUI Travel and First Choice in the UK in 2007, and TUI Travel with TUI AG in September 2014, forming a €6.5 billion-valued TUI Group. Thomas Cook's liquidation in September 2019 involved a failed £900 million rescue plan. Jet2Holidays surpassed TUI UK with 5.8 million travelers in 2023. Tourism to Spain rose by 22% in 2023 but remained 9% below 2019 levels. TUI now focuses on selling train tickets and destination experiences through TUI Musement.

💸 Black Friday 2024 is set for November 29, with consumers expected to spend more on travel deals. Affilired's data shows an 8% year-on-year increase in average spend per booking, reaching €1,043 last year. The 2023 campaign sales surpassed pre-pandemic figures of 2019, with the average booking value up by 28%. Early bookings during Black Friday accounted for 35% of sales, doubling the 17% from the previous ten months. Cyber Monday and Cyber Week further extend travel sales, with average bookings costing €872 and €790, respectively.

🏠 Isabel Díaz Ayuso, President of the Madrid Regional Government, launched a new tourism campaign on World Tourism Day, aiming to promote Madrid's World Heritage brand. The campaign, with the slogan "How many days are you going to stay?", will run for three months, involving print articles, travel websites, billboards, and buses across Spain's main cities. Madrid hosted over 1.9 million tourists outside the capital in the first seven months of the year, a 2.7% increase from 2023, nearly 22% of the region's total visitors, with 25% being international. Madrid expects a record international tourism expenditure of over €16 billion, surpassing €20 billion when including domestic visitors.