TUI stocks have now bottomed out as the Anglo-German travel firm staggers under the weight of a pandemic. So why is the group still afloat?
Wall Street
Should Record Coronavirus Cases Force the World Into New Lockdowns?
Bloomberg reveals coronavirus deaths and infections worldwide surging in record numbers. Many European countries are back in lockdown.
TUI Temporarily Quits Operations Over COVID-19 Pandemic
TUI has temporarily suspended most of its travel operations due to the Covid-19 pandemic. Company spokespersons say the move is a “compliance” and “industry adjustment” move. The news comes as the whole industry is in a state of shock as to “next moves.” TUI is on a shortlist of companies investing gurus say may be […]
The U.S. Covid-19 Travel Ban Signals a Disaster of a New Order
Stock markets are in freefall over the COVID-19 pandemic and Europe is in a panic over Trump’s travel ban. But this is only the beginning.
Starwood Hotels & Resorts Worldwide Beats Q1 Expecations
Good news in the hospitality sector, at least for Starwood Hotels & Resorts Worldwide, Inc., first quarter earnings exceeded Wall Street expectations. According to RevPAR, performance of Starwood same-store hotels grew worldwide by some 3.4 percent.