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Gerald Kassner: “The last-minute summer was important for the market”

Gerald Kassner, CEO of German tour operator Schauinsland-Reisen, assessed the 2024/2025 financial year.

According to a report in ReiseVor9, Schauinsland-Reisen CEO Gerald Kassner emphasized that the company is on a solid growth trend, saying, "We will close the 2024/2025 fiscal year with a 15% increase in revenue. The main drivers this year were a very strong early booking period and expansions in our offerings. Turkey, in particular, demonstrated a very positive performance with an increase of over 30% thanks to the new privileges we secured last year. We are also seeing significant growth in neighboring destinations such as Cyprus and Bulgaria."

Kassner said of the coming season, “Right now, I am cautious and hesitant. We are expecting single-digit growth, or even no growth at all. Pricing will be significantly more conservative than in recent years. I am expecting growth of no more than one to two percent, and even price stability in some markets. The positive dollar exchange rate is having a positive impact on our calculations, and the transition to the euro in Bulgaria is preventing major price increases, which is naturally very positive. Airfares are currently averaging the same level as last year, but I would like to see a slightly lower price trend compared to the past during the upcoming peak season.”

“We definitely need affordable travel packages! Many hotel partners have understood this message clearly. As an industry, it is very important for us to continue to be able to cover the travel expenses of our customers, including families, during the peak season.”