Culture

Travel agents experiencing increase in bookings since Covid-19 restrictions eased

Travel agents are experiencing an increase in inquires and bookings since the government announced the relaxation of Covid-19 restrictions on Friday.

Pat Dawson, CEO of the Irish Travel Agents Association, says there has been a “phenomenal” turn around in bookings, and travel agents are busy getting back to inquiries.

“We are looking at a healthy summer season, it’s the first time I’ve been positive in two years.”

He advised people to book their holidays early to avoid disappointment. “The longer you leave it, the dearer it will get. Mid-term break in February and Easter are almost full.”

Mr Dawson believes there is a pent-up demand. “There are some people who have money they haven’t spent, a big chunk of that will be spent on foreign holidays.”

John Spollen, director of Cassidy Travel in Dublin, says he has seen an increase in bookings over the weekend.

Popular destinations include Spain and Portugal, which have been Irish favourites for many years now, says Mr Spollen. There are also some bookings for the US, Jersey, Madeira and the Greek islands.

Peak travel

People should avoid peak travel times from mid June to the end of August and consider booking mid-week, early or late flights to get the best value, according to Mr Spollen.

“In May, September and October, the weather will be similar to summer weather.”

Mr Spollen added people should take out travel insurance and ensure their passport and driver’s licence are in date.

Michael Doorley of Shandon Travel in Cork said they have seen a huge increase in inquiries.

“We are not back to 2019 levels yet… the EU is a big destination. We have had a lot of inquires about mobile home holiday parks. Italy would be the most popular destination for this type of holiday, but Croatia is becoming almost as popular.”

There are also bookings for America coming in, as well as some couples celebrating their honeymoons belatedly, according to Mr Doorley.

It is important that people understand the restrictions in the country they are travelling to, he added, and they should check the Department of Foreign Affairs website regularly.

Aoife O’Donoghue is just one of the many Irish people who have not been on a holiday abroad in two years, and she is excited to be going to Barcelona at the end of March.

“A friend is moving over there in February, so myself and two other girls are going to visit her. It’s actually all our birthdays that weekend too,” she says.

The friends used to live together in Galway, and Ms O’Donoghue says it’s fantastic to have something to look forward to again.

The last time she went abroad was to Switzerland in January 2020. “Just as we were coming back there was news of the big Covid outbreak in Italy, so felt lucky to have gotten a holiday in before it all kicked off.”

Source link

Culture

The Hat Worn By Napoleon Bonaparte Sold For $2.1 Million At The Auction

A faded felt bicorne hat worn by Napoleon Bonaparte sold for $2.1 million at an auction on of the French emperor’s belongings.

Yes, that’s $2.1 million!!

The signature broad, black hat, one of a handful still in existence that Napoleon wore when he ruled 19th-century France and waged war in Europe, was initially valued at 600,000 to 800,000 euros ($650,000-870,000). It was the centerpiece of Sunday’s auction collected by a French industrialist who died last year.

The Hat Worn By Napoleon Bonaparte Sold For $2.1 Million At The Auction

But the bidding quickly jumped higher and higher until Jean Pierre Osenat, president of the Osenat auction house, designated the winner.

‘’We are at 1.5 million (Euros) for Napoleon’s hat … for this major symbol of the Napoleonic epoch,” he said, as applause rang out in the auction hall. The buyer, whose identity was not released, must pay 28.8% in commissions according to Osenat, bringing the overall cost to 1.9 million euros ($2.1 million).

While other officers customarily wore their bicorne hats with the wings facing front to back, Napoleon wore his with the ends pointing toward his shoulders. The style, known as “en bataille,” or in battle, made it easier for his troops to spot their leader in combat.

The hat on sale was first recovered by Col. Pierre Baillon, a quartermaster under Napoleon, according to the auctioneers. The hat then passed through many hands before industrialist Jean-Louis Noisiez acquired it.

The entrepreneur spent more than a half-century assembling his collection of Napoleonic memorabilia, firearms, swords and coins before his death in 2022.

The sale came days before the release of Ridley Scott’s film Napoleon with Joaquin Phoenix, which is rekindling interest in the controversial French ruler.

Culture

The Call for AI Regulation in Creative Industries

THE VOICE OF EU | Widespread concerns have surged among artists and creatives in various domains – country singers, authors, television showrunners, and musicians – voicing apprehension about the disruptive impact of artificial intelligence (AI) on their professions.

These worries have prompted an urgent plea to the U.S. government for regulatory action to protect their livelihoods from the encroaching threat posed by AI technology.

The Artists’ Plea

A notable rise in appeals to regulate AI has emerged, drawing attention to the potential risks AI poses to creative industries.

Thousands of letters, including those from renowned personalities like Justine Bateman and Lilla Zuckerman, underscore the peril AI models represent to the traditional structure of entertainment businesses.

The alarm extends to the music industry, expressed by acclaimed songwriter Marc Beeson, highlighting AI’s potential to both enhance and jeopardize an essential facet of American artistry.

The Call for AI Regulation in Creative Industries

Copyright Infringement Concerns

The primary contention arises from the unsanctioned use of copyrighted human works as fodder to train AI systems. The concerns about AI ingesting content from the internet without permission or compensation have sparked significant distress among artists and their representative entities.

While copyright laws explicitly protect works of human authorship, the influx of AI-generated content questions the boundaries of human contribution and authorship in an AI-influenced creative process.

The Fair Use Debate

Leading technology entities like Google, Microsoft, and Meta Platforms argue that their utilization of copyrighted materials in AI training aligns with the “fair use” doctrine—a limited use of copyrighted material for transformative purposes.

They claim that AI training isn’t aimed at reproducing individual works but rather discerning patterns across a vast corpus of content, citing precedents like Google’s legal victories in the digitization of books.

The Conflict and Seeking Resolution

Despite court rulings favoring tech companies in interpreting copyright laws regarding AI, voices like Heidi Bond, a former law professor and author, critique this comparison, emphasizing that AI developers often obtain content through unauthorized means.

Shira Perlmutter, the U.S. Register of Copyrights, acknowledges the Copyright Office’s pivotal role in navigating this complex landscape and determining the legitimacy of the fair use defense in the AI context.

The Road Ahead

The outpouring of concern from creative professionals and industry stakeholders emphasizes the urgency for regulatory frameworks to safeguard creative works while acknowledging the evolving role of AI in content creation.

The Copyright Office’s meticulous review of over 9,700 public comments seeks to strike a balance between innovation and the protection of creative rights in an AI-driven era. As the discussion continues, the convergence of legal precedents and ethical considerations remains a focal point for shaping the future landscape of AI in creative industries.

Thank You For Your Support!

— By Darren Wilson, Team VoiceOfEU.com

— For more information & news submissions: info@VoiceOfEU.com

— Anonymous news submissions: press@VoiceOfEU.com

Culture

Germany’s Real Estate Market Is Heading Towards Stagnation and Potential Reversal

By Cindy Porter

In a landscape marked by evolving economic forces, Germany’s real estate sector has recently grappled with formidable challenges. Over the past year, surging interest rates, cautious lending practices, and soaring inflation have prompted prospective buyers to reconsider homeownership, contributing to a resurgence of interest in the rental market. This shift has led some to speculate that the era of booming real estate growth might be waning.

However, amid these headwinds, whispers of a potential reversal of fortunes have started to circulate. Despite another interest rate hike by the European Central Bank (ECB), German property prices demonstrated unexpected resilience in the second quarter of 2023, stagnating rather than declining.

Notably, sales prices for flats exhibited only a marginal decline of 0.3% from April to June, as per the Greix real estate price index published by the Kiel Institute for the World Economy (IfW). In contrast, prices for detached and semi-detached homes surged by 2.3% and 1.8%, respectively.

“The German real estate market showed itself to be quite robust in the second quarter,” remarked IfW President Moritz Schularick. He highlighted the positive impact of the expectation that the ECB’s interest rate hikes may be tapering off, following significant price corrections in preceding months.

EY, in a recent study, offered a more optimistic projection for the construction sector, anticipating a rebound from months of turmoil in 2024. Despite challenges stemming from rising material costs, supply bottlenecks, and expensive credit, EY’s analysis suggests that the industry will find equilibrium as inflation recedes and policy interventions strive to meet housing construction targets. Consequently, construction prices, historically volatile, are expected to normalize, potentially setting the stage for a stabilization of construction volume.

WATCH: HOW MUCH MONEY DO I NEED TO AFFORD A PROPERTY IN GERMANY

In terms of property prices in the long run, a joint study by Postbank and the Hamburg Institute of International Economics (HWWI) predicts a mixed outlook for the German housing market. Approximately half of the surveyed districts and cities, comprising 400 regions, are anticipated to experience around a two percent decline in real terms by 2035. Conversely, 43% of districts are projected to witness price increases.

Leading the pack in rising real estate prices is Potsdam, situated on the outskirts of Berlin in Brandenburg. The city’s property prices could soar by up to 2.71% annually by 2035, making it a growth frontrunner. Erding, near Munich, follows closely with projected annual growth of around 2.13%, while Leipzig in Saxony and Frankfurt am Main are also expected to experience healthy growth.

The map below offers insights into the projected property price development in Germany until 2035

All of the remaining top 10 – including Landshut, Munich and Augsburg – were all located in Bavaria.

The so-called ‘big seven’ cities are also poised for positive price trajectories. While Hamburg is predicted to experience the lowest growth at 0.29% per year, Munich is forecasted to lead the pack with an impressive 2.08% growth rate. Berlin is expected to achieve healthy growth at 1.24% per year.

Conversely, the Hamburg Institute of International Economics (HWWI) analysis suggests that properties in regions with inadequate infrastructure and declining populations, particularly in the eastern states, could witness value depreciation over the next decade. This scenario is likely to manifest in numerous areas across Saxony-Anhalt, Thuringia, Saxony, Mecklenburg-Western Pomerania, and Saarland.

Rural regions in eastern Germany, disconnected from major cities and outside the Berlin commuter belt, face the possibility of significant price declines, ranging from 1.5% to 4.3% annually.

We Can’t Thank You Enough For Your Support!

— By Cindy Porter|‘THE VOICE OF EU🇪🇺‘

— For more information & news submissions: info@VoiceOfEU.com

— Anonymous news submissions: press@VoiceOfEU.com