Tour giant TUI’s net debt has ballooned to 7.2 billion euros during this pandemic, and the company is despate to reboot operations in Spring.
COVID-19 effects
Seabourn Announces Additional 2021 Voyage Cancellations
Seabourn, the ultra-luxury cruiseline, announced this past week that it will cancel a series of 2021 voyages for two ships in its fleet.
INSETE Unveils Markets to Drive Greek Tourism in 2020
News from SETE Intelligence (INSETE) says Germany, Israel, Cyprus, Balkan countries, Romania and Poland show potential for Greek tourism.
Online Hotel Traffic May Reveal Positive Trends for Summer 2020
A Pulse Report from Duetto Research indicates positive demand signals for the global hotel inventory for summer 2020.
Magnuson Hotels Reports Sustainable Q1 of 2020 Performance
Magnuson Hotels reports ‘sustainable’ results for Q1 2020, the first full operating quarter of Covid 19 owing to operating factors.
Greeks Eager for Summer Breaks When COVID-19 Restrictions Pass
A survey this week tells of Greeks anxious to take their Summer vacations as soon as the COVID-19 Coronavirus restrictions are lifted.