logo
German travel market in focus for Yalago as bookings grow by 28%

German travel market in focus for Yalago as bookings grow by 28%

Trade Arabia03-03-2025

Yalago, part of the Emirates Group and one of the world's fastest-growing leisure accommodation wholesale specialists, has recorded a 28% growth in hotel bookings with travellers from the German market in 2024, compared to the previous year.
The most-booked destinations with German travellers included Thailand, the UAE, Spain, Egypt, and Greece, respectively.
The German market continues to be a core focus of growth for Yalago due to its maturity and travel patterns that align with the brand's unique product offering of direct contracts, across the world. This has been solidified with an 11% year-on-year increase in hotel bookings in 2025 so far, growth which the Yalago team anticipates to continue.
To reach Germany-based travel trade with its unique hotel portfolio, Yalago connected to Peakwork in 2024, where its rates are now available for dynamic packaging as well as hotel-only sales. Its live connections via Peakwork continue to grow across Europe, while its team is set to exhibit and network with the industry in-person at this month's ITB Berlin 2025.
Hans-Peter Brasser, Business Development Manager – DACH Region at Yalago, commented: 'With its unique leisure product, Yalago is an ideal match for tour operators in Germany and other European markets planning to enhance their travel content offering across the UAE and other trending destinations, worldwide. Yalago content is now available throughout Europe thanks to its integration with Peakwork, and existing integrations with other travel tech platforms. Our goal at ITB Berlin is to showcase our unique value proposition to potential new partners, whilst having the chance to connect with our existing base of global partners.'
Yalago's growth strategy for the German market in 2025 includes continued uptake in hotel sales through new business acquisition and opportunities with existing clients, with a customer-centric focus to deliver on the products its customers' demand. The business also aims to enhance its distribution network using new technologies.
Its team is set to showcase its latest, global hotel inventory for the travel market at ITB Berlin (March 4-6) in Hall 9, on stand 207. A focus includes Yalago's enhanced investments in technology and distribution channels to share its products more extensively at a global scale, including the DACH region, wider Europe, and Asia.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Postecoglou sacked by Spurs despite ending trophy drought
Postecoglou sacked by Spurs despite ending trophy drought

Daily Tribune

timean hour ago

  • Daily Tribune

Postecoglou sacked by Spurs despite ending trophy drought

Ange Postecoglou was sacked as Tottenham manager yesterday, just 16 days after the Australian ended the club's 17-year trophy drought by winning the Europa League. Postecoglou led Tottenham to a 1-0 victory over Manchester United in Bilbao to clinch the north Londoners' first European prize in 41 years and secure a place in next season's Champions League. But the Australian paid the price for Tottenham's worst domestic season since they were relegated from the top flight in 1976-77. 'Following a review of performances and after significant reflection, the Club can announce that Ange Postecoglou has been relieved of his duties,' a statement on Tottenham's official X account said. Exactly two years after he was hired from Celtic, Postecoglou's eventful spell in north London was brought to a end by chairman Daniel Levy. Tottenham lost 22 of their 38 Premier League games to finish 17th in the table, above only relegated trio Leicester, Ipswich and Southampton. 'The Board has unanimously concluded that it is in the best interests of the club for a change to take place,' the statement said. 'Whilst winning the Europa League this season ranks as one of the club's greatest moments, we cannot base our decision on emotions aligned to this triumph.'

Stocks slide as Trump, Xi speak amid trade tensions
Stocks slide as Trump, Xi speak amid trade tensions

Daily Tribune

timea day ago

  • Daily Tribune

Stocks slide as Trump, Xi speak amid trade tensions

Stocks markets slid yesterday after US President Donald Trump and Chinese leader Xi Jinping spoke amid their trade war, while the European Central Bank signalled an end to its rate-cut cycle. Wall Street's major indices rose modestly as trading got underway, but had trouble holding onto the gains and soon slid into the red. Chinese state media reported that Xi had held a widely anticipated call with Trump, with investors hoping it could ease trade tensions -- but no details were provided. The call follows officials from the world's two biggest economies accusing each other of jeopardising a trade war truce agreed last month in Geneva. 'The stock market has traded more timidly of late... mindful that there are a number of loose ends out there on the tariff front, not the least of which is the direction the US-China trade relationship is headed,' said analyst Patrick O'Hare. After his return to the White House Trump launched a tariffs blitz, introducing a 10 percent minimum tariff and higher rates on many countries, with China subject to the highest rates. Some of the higher rates have been suspended as negotiations are underway. European stock markets were also in the red even though the ECB cut its key deposit rate a quarter point to two percent, as expected. It was its eighth reduction since June last year when it began lowering borrowing costs. But ECB President Christine Lagarde stated the central bank is 'getting to the end' of the rate cutting cycle, as inflation has largely dropped to its two percent target in the 20-nation currency bloc. That sent the euro surging against the dollar and European stocks gave up gains. The ECB's series of cuts stands in contrast to the US Federal Reserve, which has kept rates on hold recently amid fears that Trump's levies could stoke inflation in the world's top economy. Investors are now looking to the release on Friday of US non-farm payrolls data, which the Fed uses to help shape monetary policy. Other data released this week has been mixed. April jobs openings data beat expectations, but according to payroll firm ADP private-sector jobs rose by only 37,000 last month. This was a sharp slowdown from April's 60,000 and less than a third of the amount forecast in a Bloomberg survey. Another survey showed activity in the US services sector contracted in May for the first time since June last year.

Europe's AI ambitions soar on €200bn funding amid global tech slowdown
Europe's AI ambitions soar on €200bn funding amid global tech slowdown

Trade Arabia

time2 days ago

  • Trade Arabia

Europe's AI ambitions soar on €200bn funding amid global tech slowdown

Artificial intelligence investment across Europe and the UK is accelerating, signalling the region's ambition to rival established leaders in the US and China. Despite a broader global slowdown in technology funding, European AI startups recorded a 55% increase in investment during the first quarter of 2025, said an industry expert. This momentum is supported by the European Commission's €200 billion ($224.5 million) InvestAI programme, a landmark initiative designed to cement Europe's position at the forefront of AI innovation, stated Louis Napoletani, the Founder & CEO of Mottli, a UK-based brand consulting and mobile application development company. A significant portion of this funding, €20 billion, is allocated for AI gigafactories, he stated. The European AI ecosystem is led by Germany, France and the UK, where AI represents the most prominent sector among the continent's fastest-growing startups. Firms operate across a broad spectrum, from foundational model development to intelligent agents and middleware solutions, reflecting a sophisticated and well-established environment. British companies such as Synthesia, ElevenLabs and Plumerai demonstrate the UK's strength in both AI research and commercial applications. Meanwhile, Paris-based Adaptive ML is advancing reinforcement learning techniques, exemplifying the continent's growing expertise in cutting-edge AI technologies. In the UK, AI adoption is expanding rapidly across enterprises of all sizes. The market, currently valued at over £21 billion ($28 billion), is forecast to grow substantially. The government has committed more than £2.3 billion to AI since 2014, with recent budgets allocating nearly £1 billion for research and development, including a £900 million supercomputing project, said Napoletani. Greater London remains the focal point of AI activity, hosting over 1,300 specialist companies, he stated.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store