EU Ambassasors and Moldova official begin hammering out free-visa rules. Meetings in Luxembourg today may signal a new era of travel to and from one of Eastern Europe’s most difficult countries to travel to. European Commission authoring of a new protocol will be needed, but it is expected Moldova’s new tourism goals match those of the Russian Federation.
Travelport to Integrate and Reorganize Channels
Travelport announces new integration features as the company gets a new lease on life from investors. Travelport’s leading edge GDS technology is in need of an update, as worldwide travel becomes far more competitive. Blackstone Group’s reservation portal forgoes $2.6 billion in mature loans for now. Will the company integrate and expand its global business?
Welcome to Russia Joins Forces With ASTA
Welcome to Russia joins the elite list of travel companies belonging to the ASTA. According to this latest news, Russia’s leading conduit for travel support joins the world’s largest travel agent association. Russia is set to engage travel and tourism on an unprecedented level.
TUI Travel Value Tumbles
TUI Travel accepts CFO resignation amid almost scandalous restating of financials. CEO Peter Long and CFO Paul Bowtell talk, after which Bowtell announces his resignation. A restated financial report reveals a fairly vast accounting error – stocks decline on the news.
To Russia With Love
Russia’s government now intent on breaking down barriers for the travel and tourism industry there. What has been one of the most difficult countries in the world to visit, should the plan succeed, will become one of the world’s most visited. Russia holds some of the world’s greatest tourism treasures, and now more people will be able to share them.
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