Outlook

"We are currently in a period that is seasonally strong for the hotel market. The initial concerns over tariffs seem to have died down and consumers continue to prioritise experiences and travel. We are expecting continued stable growth and for comparison figures to gradually become less challenging. The booking level in our Own Operations segment is stable and the event calendar is relatively strong, with the UK reunion tour of the band Oasis in July and August and an active trade fair calendar in Germany during the autumn."