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Macau’s Tourism Authorities Expect 100k Visitors a Day

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The director of the Macao Government Tourism Office (MGTO), Maria Helena de Senna Fernandes, expressed her hope that the city could receive 100,000 tourists daily during the upcoming Chinese festivals Ching Ming and Easter, both holiday seasons in Macau and Hong Kong.

These holidays are important for Macau, as mainland China, its biggest tourist market, also observes Ching Ming. Currently, the city receives 70,000 to 80,000 non-holiday visitors daily. Ms. Senna Fernandes aims to increase this number to 100,000.

The Ching Ming festival is a time for Chinese people worldwide to pay respect to their ancestors. This year, the festival will be observed from April 4 to April 6 in mainland China, whereas in Hong Kong, it will only be celebrated on April 4. The Easter season in Hong Kong, which also follows the lunar calendar, will run from March 29 (Good Friday) to April 1 (Easter Monday) this year.

Macau’s tourism industry expects visitor traffic to be lower during these festivals than during the Chinese New Year holiday. During the Chinese New Year break from February 10 to February 17 this year, Macau received almost 1.36 million visitors, averaging close to 170,000 a day.

Dragon Trail International, a marketing and research agency focusing on mainland consumers, stated in a recent travel-sector review that outbound trips by that segment might only surpass pre-pandemic levels of 2019 by 2025. This year, the volume of such trips might reach around 80 percent of the 2019 levels.

According to figures from China’s Ministry of Culture and Tourism, during this year’s Chinese New Year, 3.60 million outbound trips were made by mainlanders, which is 57 percent of 2019’s 6.31 million outbound trips.

Dragon Trail International also pointed out that the mainland’s five-day holiday surrounding Labor Day on May 1 would be an important time for Macau’s tourism. This would be followed by the summer season and the Autumn Golden Week, which encompasses China’s National Day on October 1.



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Certares-led consortium enters into an investment agreement with the FTI Group

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FTI GROUP partners with Certares-led Consortium to secure €125 million for growth and digital transformation, positioning itself for enhanced profitability in the European tourism sector.

The FTI GROUP, the third largest tour operator in Europe, announces that an agreement has been reached which concludes the process to strengthen the capital and restructure the shareholder base of the Company originally launched in September 2023.

A consortium led by Certares, an investment firm specialized in the travel and tourism sector, with capital provided by co-investors (the “Consortium”), has signed an agreement on the proposed acquisition and funding and will assume control.

Under the terms of the Agreement, FTI will receive new capital of € 125 million to support its next phase of growth and fund digital transformation. The current shareholder has accepted to provide financial support and further investment. The transaction is subject to customary regulatory approvals and other condition precedents as are typical for transactions of this type.

Karl Markgraf

Karl Markgraf, CEO of the FTI Group

Karl Markgraf, CEO of the FTI GROUP, stated: “We are delighted to announce our partnership with the Certares-led Consortium. Certares is a leading investor in the global travel and tourism sector. With support from Certares and its extensive experience in the sector and capital provided by the Consortium, FTI is uniquely positioned for future growth and profitability which benefits all the stakeholders, including our customers, commercial partners and employees. We are committed to start our next chapter of success and to further consolidate our position as a leading player in the German and European tourism sector.”

Who is who

Established in 2012, Certares is a global investment firm focused exclusively on the travel and hospitality industries, leveraging deep sector experience, proprietary transactions and hands-on partnership with management teams to drive growth. With approximately $ 10.1 billion of assets under management, including co-investments, as of 31 December 2023, Certares brings together a team with decades of both operational and investment experience in private equity, travel, tourism, hospitality and travel-related business and consumer services.

Delta, Certares and Knighthead in a strategic partnership

With its numerous brands and subsidiaries, the FTI GROUP is the third largest tour operator in Europe. It includes FTI Touristik as well as the short-term tour operator 5vorFlug, the car rental broker Drive FTI, the destination management company Meeting Point International, which is active in over 40 locations worldwide, and the tour operator for promotional goods BigXtra.

Under the umbrella of the hospitality company MP Hotels, the company bundles its hotel brands Labranda Hotels & Resorts and Design Plus Hotels, Kairaba Hotels & Resorts, Lemon & Soul Hotels, Club Sei and Managed by MP Hotels. TVG Touristik Vertriebsgesellschaft mbH combines the franchise systems with the brands sonnenklar.TV Reisebüro, 5vorFlug and Flugbörse. Around 10,000 partner agencies sell FTI products throughout Germany.

The TV travel shopping channel sonnenklar.TV, an FTI GROUP partner, and the online B2B provider for accommodation Youtravel are also important sales channels. The consolidator FTI Ticketshop is responsible for the sale of scheduled flight tickets. In Austria, FTI Touristik is represented by a branch in Linz.

FTI expects highly successful winter 2023/24

The subsidiary FTI Touristik AG, based in Basel, represents the tour operator in Switzerland. The French tour operator FTI Voyages has been part of the FTI GROUP since 2012. With FTI Reizen, the group has also been active in the Netherlands since 2016. The seven service centres handle numerous bookings for the FTI GROUP and external customers. Headquartered in Munich, the Group employs over 11,000 people worldwide and generated consolidated sales of around € 4.1 billion in the 2022/23 financial year.


Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.






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Air New Zealand Buys 9M Liters of SAF from Neste

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Air New Zealand has agreed to purchase 9 million liters of
neat sustainable aviation fuel from producer Neste, the carrier announced
Monday. Neither company disclosed the value of the deal. 

The fuel will be produced at Neste’s Singapore refinery and
will be blended with conventional jet fuel and supplied to Los Angeles
International Airport between April 1 and Nov. 30, 2024, according to the
carrier. Air New Zealand expected its total fuel uptake during that period to
be about 850 million liters across its network.

The carrier said the deal is the “largest purchase of
SAF from Neste by any airline outside of North America and Europe for delivery
before the end of 2024.”



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AmaWaterways reports best UK sales month in history

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March traded 74% up year on year, sales director says



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