FTI: Strong bookings for Greece in the German market

Α Decrease font Enlarge font
FTI: Strong bookings for Greece in the German marketFTI is expanding niche destinations such as Morocco and Oman, adding capacity for Egypt and broadening its luxury programme Gold for the forthcoming winter season

FTI is expanding niche destinations such as Morocco and Oman, adding capacity for Egypt and broadening its luxury programme Gold for the forthcoming winter season.

The Munich-based tour operator has low revenue growth for this summer despite the turbulent bookings trends in recent months. Bookings are strong for Spain, Morocco, Bulgaria, Italy, Greece, the UAE and Oman, according to the company. Turkey bookings are down by 7% (with a 23% revenue decline), although the company remained confident that bookings would pick up soon, while demand for Egypt has recovered in recent weeks.

Managing director Ralph Schiller was relatively relaxed about the situation. “The only stable thing is that nothing is stable. We’ve got used to it, and customers have as well,” he commented. “Some destinations are more sensitive, but they are compensated by uncritical destinations.” Looking ahead, Schiller said: “We’re confident that we can maintain the current growth figure and close the 2015/16 business year with a single-digit increase.”

For the coming winter, Germany’s fourth-largest tour operator is keeping prices broadly stable, although the Turkish Riviera and Agadir will be up to 30% cheaper due to much lower hotel rates. The group’s hotel brand Labranda will increase its portfolio by at least five properties to 31 hotels, including two in Morocco, two in the Canary Islands and one in Egypt. Above all, the tour operator is maintaining its approach of building up niche destinations to compensate for those with weaker demand.

Niche destinations

For example, FTI sees plenty of potential for Morocco, which has been spared the kinds of terror attacks suffered by other North African destinations. The tour operator has tripled air capacity to 45,000 airline seats based on 12 weekly non-stop flights from Germany to Agadir, including seven full charters with Sun Express. The country has been combined with the nearby Canary Islands (and also the Cape Verde islands) in a joint brochure, and customers can book combined packages in the two destinations. “The Atlantic coasts of the destinations are only 90km apart, so a beach holiday on Gran Canaria can be superbly combined with a cultural trip in the kingdom (of Morocco),” said Schiller.

Another niche destination is Salalah, the beach destination in southern Oman, which is featured in two different brochures (Orient and Indian Ocean) with 11 hotels and will be served by twice-weekly non-stop Eurowings A330 flights from Cologne. Capacity has been increased for Dubai, Abu Dhabi and Ras Al Khaimah, although there will be no charter flights to the latter emirate due to a lack of suitable aircraft, despite nearly 40,000 bookings this summer.

FTI has even expanded capacity for Egypt, with 29 full-charter flights a week from nine German cities with a total of 200,000 seats for the winter season. There are 17 weekly flights to Hurghada, eight to Marsa Alam and four to Luxor. The programme covers 156 hotels and the number of Nile cruise ships has been increased by three to 18.

Long-haul holidays should once again become a ‘major pillar’ for FTI, according to Mathias Huwiler, head of specialist and long-haul holidays. The long-haul programme has been expanded for next winter with the integration of the ‘Gold by FTI’ luxury programme, with 160 hotels, into the main country brochures. “We’ve expanded the premium segment in all product areas,” he said.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

 

 

Tornos
  1. 17/06 19:02

    Conference focuses on Sifnos and sustainable development on Greek islands

  2. 17/06 18:56

    Council of State discusses relocation of Mount Parnitha casino to Marousi again

  3. 17/06 18:56

    Ministers and Super League chief talk digital tickets for upcoming soccer matches

  4. 17/06 15:59

    Forecast: Very high risk of fire in two Greek regions including Attica

  5. 17/06 13:42

    Passenger traffic in Greek ports records an increase of 11.1% during Q4 2023

  6. 14/06 22:58

    Greek port of Preveza attracts visitors from Serbia

  7. 14/06 22:03

    Temperature drop expected in Greece on Saturday

  8. 14/06 17:58

    Athens and Thessaloniki added 250 new electric buses to their urban transport networks

  9. 13/06 22:43

    National Theater to perform Aristophanes at ancient Greek theaters over the summer

  10. 12/06 11:48

    Athens Acropolis site closed down from 12:00 to 17:00 due to high temperatures

  11. 12/06 00:01

    'Poor Things' costumes exhbition at Benaki Museum in downtown Athens

  12. 11/06 15:53

    Schools in Athens to stay closed on Wednesday and Thursday due to heatwave

  13. 11/06 00:10

    Greek Port Authority to acquire 11 boats for transfer of patients from remote islands

  14. 11/06 00:03

    Greece's Interior Ministry issues directions for remote work during heatwave

  15. 10/06 23:45

    Digital app for travellers to Greece 'mAIGreece' goes live on Monday

  16. 10/06 22:28

    Greek Interior Ministry issues directions for remote work during heatwave on Tuesday-Thursday

  17. 10/06 19:38

    Traffic restored on new Greek national highway leading to Corinth after truck explosion

  18. 10/06 14:42

    Very high temperatures in Greece during the following days

  19. 09/06 22:47

    High prices of consumer goods in Greek supermarkets are on a downward trend

  20. 09/06 11:18

    UK Tourism 2024: Greece named top destination in the world with best value for money

  21. 08/06 00:22

    Insolvency: FTI Touristik GmbH cancels all trips up to and including 05 July 2024

  22. 07/06 02:54

    ERTFLIX International takes part in the Los Angeles Greek Film Festival

  23. 07/06 02:42

    NBG: Greek tourism to break record in 2024 with 35 million arrivals and €22 billion in revenue

  24. 06/06 20:50

    Greece elected to UN Security Council for 2025-26 in a 'historic day'

  25. 06/06 13:57

    Hellenic National Archaeological Museum presents "The last Aphrodites" exhibition

  26. 05/06 22:00

    FTI provisional insolvency admin strives for fastest possible solutions for clients

  27. 05/06 00:13

    Turkey denies allowing Lord Elgin take Parthenon Marbles off Athens Acropolis

  28. 04/06 20:04

    Migration & Asylum Ministry greenlights extra funding for 5 Greek island municipalities

  29. 04/06 14:55

    Greek wine promotion event in London held under the auspices of GNTO

  30. 04/06 09:33

    Firms of the FTI GROUP file for insolvency

  31. 01/06 23:59

    Regalia of King Otto on display in the Greek parliament in Athens until 2073

  32. 30/05 22:04

    Eight groups submit expression of interest for Greek port of Lavrio

  33. 30/05 21:01

    Traffic restrictions in Athens on Sunday morning for Cancer Survivors Day event

  34. 30/05 20:19

    Conference and Summit of Global Archons conclides with dinner at Zappeion

  35. 30/05 18:15

    Posidonia 2024: Minister wants more ships and related firms registered in Greece

  36. 30/05 15:23

    Greek government spokesperson announces launch of new Entrepreneurship Fund

  37. 29/05 23:31

    National Opera adds fifth performance of 'Tosca' due to high demand in Athens

  38. 29/05 21:24

    Japan's Princess Kako tours Greece and visits National Foundation for the Deaf in Corfu

  39. 29/05 19:20

    Attica Region governor talks synergies with firms, agencies at Shanghai conference

  40. 29/05 18:16

    ATTICA GREEN EXPO 2024: Deputy Tourism Minister promotes sustainable tourism

  41. 29/05 15:11

    Greek Prime Minister meets Emir of Qatar and two bilateral agreements are signed

  42. 29/05 14:47

    Registrations Open for Navarino Challenge 2024

  43. 28/05 22:58

    Greek PM: We will continue to work hard to curb rising prices

  44. 28/05 22:54

    Greek FinMin utilizes Recovery Fund, NSRF to be in vanguard of green transition

  45. 28/05 19:46

    'The Enigma of Keros' clinches Audience Favorite prize at International Festival in Oregon

  46. 28/05 17:49

    Former US Secretary of State Pompeo addresses Archon Conference in Athens

  47. 28/05 17:41

    European report confirms 95.8% of bathing waters in Greece have 'excellent quality'

  48. 27/05 23:05

    Türkiye's Ambassador to Athens on boosting economic, commercial, and cultural relations

  49. 27/05 21:11

    4th International Conference on Religious Freedom of Archons commences in Athens

  50. 27/05 20:19

    Delegation from the Saudi Arabia visits ONEX shipyards in Elefsis near Athens

  51. 27/05 18:15

    Princess Kako takes part in 125th anniversary of Greek-Japanese diplomatic relations

  52. 27/05 14:07

    National Opera offers free tickets to the dress rehearsal of 'Tosca' for the jobless

  53. 23/05 23:30

    New Evinos bridge in Central Greece inaugurated by Transport Minister

  54. 23/05 21:34

    Greece hosting meeting of International Organization of Securities Commissions May 26-29

  55. 23/05 20:37

    Greek Deputy Foreign Minister highlights efforts to counter brain drain

  56. 23/05 20:24

    Greek government to improve ties with Diaspora and consular services by AI

  57. 23/05 13:15

    Climate Perception: Greece most resilient to global warming among Med destinations

  58. 22/05 23:17

    Commander of French land forces visits Greece to promote military ties

  59. 22/05 20:06

    Greek presence at 77th Cannes Film Festival includes Lanthimos film

  60. 22/05 18:55

    Greece's Kalamata Dance Festival opens July 12 featuring 19 productions

  61. 22/05 18:11

    Over 630 schools participate in 'Greek PISA' assessment tests on Wednesday

  62. 22/05 16:52

    Summer of 2024 to be among hottest in recent years

  63. 22/05 12:32

    Porto Carras Pro-Am Aegean Mini Tour with participants from 12 countries

  64. 21/05 18:30

    The President of the Hellenic Republic to visit Florence in Italy on May 23

  65. 21/05 17:24

    'Greece through the Art of the Tourist Poster' exhibition in Chengdu of China

  66. 21/05 17:21

    American Hellenic Institute honors Anniversary of the Pontic Greek Genocide

  67. 21/05 15:17

    Arrivals and nights in Greek tourist accommodation rise 3.5% and 4.9% in March

  68. 21/05 14:12

    Greek Tourism Minister receives ambassadors of Iraq and Slovakia

  69. 20/05 01:51

    First Ramada by Wyndham Hotel in Fethiye opens in Ölüdeniz of Turkey

  70. 17/05 01:25

    Mayors of Athens and Rome discuss city challenges and cooperation

  71. 16/05 23:20

    Tsakopoulos Collection & Hellenic Studies Program marked their 20th anniversary

  72. 16/05 21:17

    Greek Culture Minister hosts Turkish counterpart for ‘Romeo and Juliet’ premiere

  73. 16/05 20:12

    Greek Finance Minister advocates green transition and Recovery Fund II

  74. 16/05 15:27

    Higher global temperatures causing Caretta turtles to lay eggs sooner in Greece

  75. 15/05 20:32

    BoG urges progress on harmonizing national systems of bank deposit guarantees

  76. 15/05 19:22

    Islands Decarbonization Fund signing in Greek island of Naxos on May 27

  77. 15/05 14:15

    EU Commission forecasts Greece's growth rate at 2.2% in 2024 and 2.3% in 2025

  78. 14/05 22:27

    Syracuse show on Mycenaean influence on Sicily includes golden cup of Dendra

  79. 14/05 20:34

    Greek Health Minister attends World Health Congress in Abu Dhabi

  80. 14/05 19:23

    Greece and Santorini clinch top honors at American Leisure Lifestyle Awards 2024

  81. 14/05 18:31

    20th Thessaloniki International Book Fair opens from May 16-19 at Helexpo

  82. 13/05 20:16

    Greek Prime Minister meets with Turkish President in Ankara (video)

  83. 13/05 20:11

    Greek Council of State to mull relocation of Mt Parnas casino to Maroussi again

  84. 13/05 15:48

    Athens Acropolis Museum offering free admission on May 18

  85. 13/05 09:53

    Discover Kerasia Petrified Forest in northern Evia near the Greek Capital

  86. 11/05 01:30

    Greek Foreign Minister congratulated new Serbian counterpart on assumption of duties

  87. 10/05 22:45

    The 52nd Oakland Greek Festival to take place this year on May 17-19

  88. 10/05 22:33

    Thessaloniki Port pier extension expected to be given the green light in the fall

  89. 10/05 19:42

    Hellenic President visits Greek community's premises and Cavafy's tomb in Alexandria

  90. 10/05 19:27

    Greek and Swiss ministers meet in Athens on investments and cooperation

  91. 09/05 17:22

    Red Arrows aerobatic team to perform in Athens suburb of Paleo Faliro on May 18

  92. 05/05 19:40

    International Tourism | WTTC: Travel sector set to break all records during 2024

  93. 04/05 17:56

    Minister launches dynamic plan to boost Greece's relations with other countries

  94. 04/05 17:44

    Greece opens another five Aegean Islands to Turkish visitors fast-track visas

  95. 03/05 23:04

    OECD report: Greek economy stays resilient

  96. 03/05 18:00

    Minister: Zero price hikes in Greece in March and April

  97. 03/05 17:42

    Aegean and Olympic Air to fly 'Holy Light' from Athens to the rest of Greece

  98. 03/05 17:39

    Athens transportation schedules over 2024 Greek Easter holidays announced

  99. 03/05 01:26

    Greece's unemployment rate drops to 10.2% in March 2024

  100. 01/05 11:45

    Euro 2004 Legends play FootGolf at Porto Carras Pro-Am Aegean Mini Tour