Hotelplan Group has its worst business year

The effects of the corona pandemic clouded the business results of the Hotelplan Group massively.

The slump in sales calculated on a comparable basis by 57,7 percent to 808,9 million Swiss francs resulted in the worst business result in the history of the Swiss travel group. Nevertheless: "Our customers were held harmless, because the Hotelplan Group has made all corona-related repayments," says the press release. The Federation of Migros Cooperatives made a significant contribution by making sufficient liquidity available during this challenging time so that the customer monies could be refunded as quickly as possible. At this point in time, a forecast for the current financial year is hardly possible. Among other things, the success of the vaccination strategies and the general travel conditions worldwide are decisive. But one thing remains certain: "The desire for vacation is there, among other things, this is reflected in the booking figures."