Todays FAZ carried an article about the renaissance of travel agents.
In a seperate news article Hotelplan has announced it is in the black for the first time in 5 years.
Here’s a 5 year chart of Kuoni (KUNN SW): Important areas; CHF 210-220 / CHF 250 / CHF 300. We’re currently a few percentage points below the CHF 300 level. The green line depics the performance of the SMI.