Distribución y Revenue Management

🏖️ Imserso's Senior Travel Program for the 2024-2025 season began sales on September 23, offering 886,269 spots, starting the trips 40 days earlier than the previous season on October 6. Prices range from €124.68 to €435.95 but can increase due to additional charges such as supplement for individual rooms (€22/night in Baleares and Peninsula, €24/night in Canary Islands, €26/night in inland tourism), special holiday meals (€20/person), and a deposit not exceeding 20% of the total price, paid 45 days prior to departure. Participants are exempt from the tourist tax.

🏖️ In Baleares, Imserso travel demand surged 15-20% this year, with most cultural circuits sold out and few coastal packages remaining. Sales began on September 25 for priority pensioners, and continued on September 26 for other accredited individuals. As of 9:00 AM today, remaining packages are on sale, with very few left according to AVIBA President Pedro Fiol.

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💰 Starting from September 28, unsold Imserso trip reservations for any province are open, with over 177,250 available slots from the total 886,269 for the 2024-2025 season, as 80% have already been sold. The Imserso, under the Ministry of Social Rights, Consumer Affairs and 2030 Agenda, sent 2,853,985 accreditation letters to beneficiaries. Sales began on September 23, divided into two phases based on autonomous communities, and will continue until stocks last. The trips are allocated as 50.1% for the peninsular coast, 25.9% for the insular coast, and 23.9% for cultural tours and nature tourism. The first departures are set for October 6, returning to traditional dates after a 40-day advance compared to 2023.

🏖 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.

🏨 Hotelverse, a tech startup specializing in digital twins for precise room selection, raised a Series A of €5 million led by GED Conexo Ventures on September 26, 2024 in Palma. The round included Faraday Venture Partners, Eoniq Fund, and follow-on from existing partners Sabadell VC and Archipélago Next. This funding aims to bolster technology development and international expansion, impacting clients like Hyatt Hotels and Radisson Hotel Group. The platform generates an additional €60 per booking, increasing conversion by over 30%, with plans for a Series B round of €10 million in summer 2026. Hotelverse also received a grant of nearly €500,000 for innovation from the Balearic Islands' Department of Tourism.

🏖 In just three days, the Imserso Travel Program sold 80% of its 886,269 spots for the current edition, with around 177,000 places still available. Sales opened for regions including Aragon, Cantabria, Castile and Leon, and others, with remaining regions following suit. Nationwide sales commence on September 28. Trips are set to start on October 6, over a month earlier than the previous season, and for the 2024/2025 season, there are 8,893 authorized sales points and 185 registered hotels in coastal and island areas.

✈️ Teruel Airport in Spain, along with Tarbes Airport in France, known as one of Europe's largest airplane graveyards, is witnessing the revival of Airbus A380 aircraft. Despite initial skepticism during the pandemic about the future demand for such large planes, this week two A380s took off from Teruel to rejoin normal operations. An Etihad A380 with registration A6APE, only nine years old, and a 14-year-old Lufthansa A380 have headed for checks and upgrades, with the latter already en route from Germany to Manila for the required overhauls.

🏖️ 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.