Europeans choose autumn - The number of citizens who prefer holidays outside the summer season is increasing
Heat waves that favor wildfires and overcrowding in traditional destinations are increasingly changing Europeans' travel preferences.
This has been observed since spring, with the increase in off-season holidays and is confirmed in the latest European Travel Commission survey. More than half (55%) of the 6,001 travellers surveyed in 10 countries are looking for less well-known destinations for their trips. Fear of crowded places has risen from seventh to third place in the past year, ranking behind rising travel costs due to inflation (first place) and personal financial situation.
While July and August remain the absolute favorite months for summer vacations, the “September option” is gaining ground. Nearly a fifth of those surveyed (22%) plan a vacation in the month that marks the end of the season and the transition to autumn. This percentage is up compared to last year. “Breathtaking” vacations, which take place in periods with milder weather, have long been discussed, but now this trend seems to be consolidating in travelers’ choices. A preference that is also favored by the better price-quality ratio.
These trends are also being reflected by operators. Presenting its third-quarter results, Tui, the leading European tourism group, noted a significant increase in interest in trips in the autumn or before the Christmas period. According to the group's data, holiday bookings in Germany were down by five percent due to high temperatures, but demand is expected to increase in the autumn.

China, "source" of rare earth magnets - Exports reach six-month high in July
China's exports of rare earth magnets rose sharply in July, hitting a six-month high, data showed, suggesting trade in the minerals critical to electric cars......

Building taxation, what are the reservations about the new draft? - Free Professionals: It artificially increases prices in the market, hinders supply and demand
The draft submitted for public consultation on real estate taxation has encountered controversy over the way it was drafted and the effects it will have on......

EU forces Google to change terms - Company facilitates developers' access to alternative markets
Alphabet announced it will make it easier for app developers to direct customers to channels other than Google, a move that comes after accusations from the......

Trump "intervenes" in the chip industry - Government ready to buy about 10% of Intel shares
The Trump administration is in talks to acquire about 10% of Intel's shares, which would make the US government the chipmaker's largest shareholder. The......

White House opens official TikTok account - Trump administration expands communication through Chinese platform
The White House officially opened a TikTok account, aiming to leverage the app's more than 150 million American users to spread President Donald Trump's......

Britain, short working week gains ground - Study: Employees report better work-life balance
The Mental Health Foundation in the UK has announced that it will finally implement a 32-hour working week, after a successful year-long pilot program,......

Property compensation, 1.4 million euros in July - 161 files for lands occupied by informal constructions are executed
Owners whose lands have been occupied by informal constructions are receiving gradual compensation from the Property Treatment Agency. During the month of......

“Banking market, with development potential” - Parent banks in Europe: Albania, very profitable. Credit quality has improved
The banking market in Albania holds great potential for development. According to a European Investment Bank survey, 75% of banking groups in Central,......