High surface area platinum-titania aerogels with marked meso- to macroporosity have been synthesized via the sol-gel-aerogel route. An acid-catalyzed titania gel was prepared from tetrabutoxy-titanium(IV) with methanol as solvent. The platinum precursor solutions added after the redispersion of the titania gel were either PtCl4, (NH4)2PtCl6 or Pt(acac)2 dissolved in protic solvents. Platinum metal particles formed upon high-termperature supercritical drying. The platinum-titania aerogels have a BET surface area of 150 to 190 m2 g-1 after thermal pretreatments up to 673 K and the titania matrix consists of well-developed anatase crystallites of about 8-9 nm mean size. Depending on the platinum precursor used, the volume-weighted-mean particle size, determined by TEM, varies in the range 3.6 to 68 nm, consistent with XRD results for the platinum component. All aerogel samples showed a pronounced stability of both the titania matrix and the platinum particles towards air or hydrogen at temperatures up to 673 K. Thermal analysis, combined with mass spectroscopy, revealed that the untreated catalysts contain a considerable amount of entrapped organic impurities after the high-temperature supercritical drying. For the characterization of the activity and the accessibility of platinum particles the liquid phase hydrogenations of trans-stilbene and benzophenone were used as test reactions. Compared to a commercial alumina-supported platinum catalyst, the untreated 2-5 wt% platinum-titania catalysts derived from (NH4)2PtCl6- and especially PtCl4- precursor solutions exhibit a markedly higher catalytic activity. In general, air pretreatments at 573 K or above had either no or promoting influence on activity. In contrast, pretreatments in hydrogen produced either no or detrimental activity change.