In 746 a group of Benedictine monks with impeccable taste settled on a lush piece of land beside a pristine lake in the Bavarian Alps. Over time the abbey grew as well as life around it, and it became the town of Tegernsee. Now it is a fairytale destination for Germans who go there for the clean air, beautiful peak views, and grand homes and hotels. Locals who are familiar with the Northeast say the town is equivalent to a Nantucket or Watch Hill. Families pass their homes from generation to generation and go there to unwind, boat, ski, and take a break from real life. It is only a 40-minute drive south of Munich.
One of the newest hotels in the town is the Hotel Bachmair Weissach, a member of the Design Hotel group. The owner is Korbinian Kohler, a founder of the posh paper company Gmund. Because he grew up in the town and set up his paper mills there, he had his eyes on this small inn that was built in 1862. Located on a piece of land with unrestricted views of the towering Bavarian Alps, he knew he could transform it into a grand hotel. He bought it in 2010 and completed the transformation in recent years.
What used to be considered a kind of travel reserved for senior citizens and retirees will become increasingly popular among an entirely different generation, with more millennials and Generation X travelers booking cruise vacations in 2017. That’s one of the predictions from the Cruise Lines International Association (CLIA) for 2017.
CLIA recently released an industry outlook of cruise trends, which estimates that an estimated 25.3 million passengers will set sail next year, up about 10 million from just a decade ago. Likewise, next year will see 26 new ocean liners and river cruise ships make their maiden voyage, representing an investment of $6.8 billion in new vessels.
Egypt adopts new measures to revive tourism
Egypt’s largest public lender, the National Bank of Egypt (NBE) is planning to extend the grace period for loans granted to its customers in the tourism industry which is reeling from a slump in tourist arrivals.
The announcement was made by Yehia Abu El Fotouh, the vice-president of the NBE who asserted that the tourism sector owed the bank almost 20 billion Egyptian pounds (just over a billion dollars).
The move is aimed at helping the sector recover following a string of terror attacks that have sent tourists fleeing from the north African nation.
China has announced a ban on all ivory trade and processing activities by the end of 2017.
Conservation groups hailed the decision as “historic” and a “game-changer” for the future of elephants.
The move follows a resolution at the Convention on International Trade in Endangered Species (Cites) in South Africa in October.
China has the biggest ivory market in the world – some estimates suggest 70% of the world’s trade ends up there.