TUI Group reaches agreement with anchor shareholder, banks and federal government on a total package of 1.8b. euros

Measures strengthen the Group's equity and balance sheet and secure liquidity for the ongoing pandemic in 2021. TUI has financial resources and credit facilities of 2.5 billion euros (as at 30 November 2020). ...

G Adventures encourages agents to ‘rethink’ popular European destinations with new collection of tours

Trips showcasing the lesser-seen sides of Ibiza, Corfu, Crete and the Azores developed for British and European travellers.

Grand Universe Lucca, Autograph Collection opens its doors

Restored 16th century palazzo is set in the heart of Tuscany, at the foot of the Apuan Alps and less than half an hour drive from the wonderful Versilia coast.

News: TUI Group secures a further €1.8 billion in emergency funding

The deal includes the German Economic Support Fund, KfW Entwicklungsbank, commercial banks and the company’s largest single shareholder Unifirm.

News: ABTA offers Brexit guidance on Tour Operator Margin Scheme

HMRC has confirmed that once the Brexit transition period ceases, the VAT charged on holidays through the Tour Operator Margin Scheme on travel outside of the UK will be zero rated.

News: Thompson Okanagan Tourism Association declares climate emergency

The body has committed to developing a comprehensive climate plan within the next 12 months, including transparent goals, measurable reductions and yearly progress updates.

News: UNWTO report reveals further reduction in travel restrictions

According to the eighth edition of the UNWTO Travel Restrictions Report, 70 per cent of all global destinations have eased restrictions on travel introduced in response to the Covid-19 pandemic.

News: Orzu Hospitality launches at the Pointe

The hospitality company outlined plans for its strategic roll-out in the months ahead, with three new venues on the agenda. All will be located at the Pointe on Palm Jumeirah.