The FINANCIAL -- Due to the unprecedented escalation of COVID-19, the Board of TUI are continuously evaluating the situation and are considering a variety of actions to support their customers, colleagues and stakeholders. Multinational travel and tourism company TUI (TUI.L) announced that it will be suspending all package holidays, cruises, and hotel operations due to the coronavirus pandemic. ...

Georgia’s tourism industry has achieved a remarkable growth over the past decade, hitting record numbers of tourist arrivals and outpacing the economy growth with a 12.8% CAGR over the past ten ...

The FINANCIAL -- Time zone differences have a stronger effect on tourism than geographical distance, according to new research from LSE and Danube University Krems, ...

The FINANCIAL -- A method commonly used by airline passengers to get cheaper fares is at the center of a court row between a German airline and one of its customers.Lufthansa has taken a passenger, ...

The FINANCIAL – Global passenger traffic results for February 2019 showing total revenue passenger kilometers (RPKs) rose 5.3%, compared to February 2018, according to the International Air ...

The FINANCIAL – Disney is closing its theme parks worldwide over coronavirus fears. The Walt Disney company will pay its cast members during that period. Disney Cruise Line will also suspend new ...

The FINANCIAL -- Being amidst the trendiest in Georgia, Adjara Group’s brand keeps expanding at an extraordinary pace. Just a few weeks ago the company opened it’s latest addition - new Rooms ...

The FINaNCIAL -- Ryanair, Ireland’s No 1 airline made a €125,000 donation to ISPCC Childline, its 2019 chosen Irish charity partner, as it concluded a year of fundraising ...