Norwegian Cruise Line (NCL), the innovator in global cruise travel with a 54-year history of breaking boundaries, today announced the addition of Katakolon (Olympia) as its new embarkation port in Greece. Starting September 17, 2021, guests sailing onboard Norwegian Getaway’s immersive Mediterranean sailings in 2021 will have the chance to embark at the Ionian port, […]
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TUI and KfW have agreed to increase the existing KfW tranche by €1.05 billion. The drawing of this amount is subject to (i) the issuance of a Convertible Bond to the Economic Stabilization Fund (WSF) in the amount of €150m and (ii) a waiver by the bondholders of the Senior Notes due in October 2021. […]
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This summer Condor guests can feel comfortable on their holiday trip as Germany’s leisure airline offers a snack and limited on-board sales with cashless payment on board. The service processes have been adapted to protect guests and staff. In addition, the Condor app has been improved and expanded by many functions, so that it is […]
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STR’s preliminary data for London hotels showed record performance lows. Comparison with June 2019: Occupancy: -74.4% to 23.0% Average daily rate (ADR): -59.2% to GBP72.48 Revenue per available room (RevPAR): -89.6% to GBP16.64 The absolute levels in each of the three metrics would be the lowest for any month on record in STR’s London database. […]
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The World Tourism Organization (UNWTO) has partnered with Wanderlust World for the launch of a new App designed to facilitate safe and seamless travel in the wake of COVID-19. As many countries around the world begin to ease travel restrictions introduced in response to the pandemic, the United Nations specialized agency has welcomed the responsible […]
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The shareholders of Deutsche Lufthansa AG voted in favor of accepting the capital measures and the participation of the Economic Stabilisation Fund (WSF) of the Federal Republic of Germany in Deutsche Lufthansa AG. The corresponding proposal received the necessary majority at today’s Extraordinary General Meeting of the company. The package provides for stabilization measures and loans of […]
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WTTC is calling for greater clarity from Britain as far as international travels are concerned after the re-opening of hotels, pubs, restaurants and attractions from 4 July. Gloria Guevara, WTTC President & CEO, said: “The UK’s Travel & Tourism sector will no doubt welcome the UK government’s announcement on the re-opening of hotels, pubs, restaurants […]
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WTTC welcomes the European Commission’s recommendation on lifting the travel restrictions inside Europe on 15th June and the lifting of border controls for international travellers from July 1st. Gloria Guevara, WTTC President & CEO, said: “WTTC welcomes the reopening of borders and the easing of travel restrictions across Europe, and applauds the European Commission (EC) […]
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More than 197 million jobs could be lost in the global Travel & Tourism sector if barriers to global travel, such as blanket anti-travel advisories and quarantine measures remain in place, according to new research from the World Travel & Tourism Council (WTTC). The devastating figure comes from WTTC economic modelling, which looks at […]
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ABTA has written to the Prime Minister to provide an update on the specific challenges that the industry – in particular travel agents and tour operators – is facing as this crisis unfolds, and to call for a coordinated strategy supported by specific measures and clear communication by the Government. The outbound travel industry contributes […]
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