Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Ahoy, matey! Houseboats in high demand as Germans book holidays close to home

Published 02/16/2021, 01:06 PM
Updated 02/16/2021, 05:30 PM
© Reuters. FILE PHOTO: Houseboat rental company in preparation for reopening after the lockdown in Germany

BERLIN (Reuters) - As arctic temperature froze rivers and lakes in northern Germany, workers at houseboat charter companies were already gearing up for what they expect to be a busy summer season.

Cross-border travel restrictions due to the coronavirus pandemic last summer prompted a run on domestic tourism, including on floating accommodation. Many expect that 2021 will be no different.

"I think that big trips abroad and flying will still not be the dominant type of vacation for people this summer," Dagmar Kuhnle, spokeswoman at the Kuhnle Tour houseboat charter company in the northeastern Mecklenburg lake district, told Reuters.

Family-run Kuhnle expanded its fleet to 160 boats from 120 just before the pandemic reached Germany last spring and promptly lost two months of business due to a coronavirus lockdown in April and May.

Once travel became possible again, nearly all of its boats were booked out, and bookings are looking good for the coming season as well, Kuhnle said.

The big question for charter companies like Kuhnle remains when the season will start.

Aquare Charter, which offers bungalow boats in the eastern state of Brandenburg, said it was fully booked for this summer and would start renting out boats from March 18 if restrictions on overnight stays for tourists are lifted.

"It is of course not clear if it will work out or not," Philipp Sommer, a manager at Aquare Charter, said.

The government last week dampened hopes that economy could reopen soon, targeting an infection rate of no more than 35 new cases per 100,000 people over seven days, down from 50 previously. (Graphic: https://tmsnrt.rs/34pvUyi)

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

On Monday, that number was 59, having fallen from a high near 200 in late December. It was last below 50 in October.

Given the government's caution, Kuhnle Tour is cutting the hours of 10 employees starting next week.

"We don't see the end of pandemic in sight. We have somewhat corrected our optimism," Kuhnle added.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.