BREAKING NEWS
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).
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BREAKING NEWS
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.
BREAKING NEWS
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.
BREAKING NEWS
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.
BREAKING NEWS
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.
BREAKING NEWS
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.
BREAKING NEWS
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.
BREAKING NEWS
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.