Tag Archives: Organisations & Operators

The Foreign, Commonwealth & Development Office (FCDO) has updated its travel advice for a number of destinations, potentially clearing the way for the restart of travel. The government hopes international tourism can resume on May 17th, with details expected in the coming days on which countries are considered safe. Ahead of the announcement, the FCDO […]

Jet2.com has delayed the restart of its holiday operations in the wake of the release of a report from the government on the reopening of borders. The leisure operator had hoped to return next month, but has now cancelled all holidays before June 23rd. “We have taken time to study the Global Travel Taskforce’s framework, […]

TUI Group has revealed plans to raise at least €350 million in fresh funding as the company seeks to whether the ongoing impact from the Covid-19 pandemic. The new senior unsecured bonds will fall due in 2028. TUI intends to use the cash to further improve its liquidity position as the Covid-19 crisis continues and […]

ABTA has written to officials at the department for business, energy and industrial strategy (BEIS) to protest at levels of grant support being made available to the retail travel industry in England. The body argues the cash is at odds with those provided to other business sectors.  Restart Grants, recently announced by the chancellor, are […]

The Competition & Markets Authority (CMA) has wanted lastminute.com it faces legal action unless it pays a number of outstanding refunds to customers. The company signed formal undertakings in December which committed it to pay out over £7 million to more than 9,000 customers when their holidays were cancelled due to the Covid-19 pandemic. All […]

TUI Group has reported first quarter revenue for 2021 of just €468.1 million, down from €3.85 billion a year ago. Due to travel restrictions around the world, the hospitality giant also saw losses of €699 million on an adjusted basis for the first three months of the year, compared to a loss of €147 million […]

On the Beach Group has said consumer demand remains “very weak” following a series of disruptions owing to Covid-19. Ahead of its annual general meeting today, the company said UK web traffic, bookings and spend on online marketing activity across the first four months of the financial year down 73 per cent, 83 per cent […]

Global tourism suffered its worst year on record in 2020, with international arrivals dropping by 74 per cent when compared to 2019 according to the latest data from the United Nations World Tourism Organisation (UNWTO). Destinations worldwide welcomed one billion fewer international arrivals in 2020 than in the previous year, due to an unprecedented fall […]

American Express Global Business Travel has acquired Ovation Travel Group. The purchase includes all Ovation Travel Group brands, including Lawyers Travel.  Ovation Travel Group clients and travellers will continue to receive the outstanding, high-touch service for which the business and its people have become so renowned over the last 36 years. They will now also […]

The tourism industry is calling on the government to give more detail on how travel restrictions will be lifted if Covid-19 is brought under control in the UK. ABTA chief executive, Mark Tanzer, said: “As news continues to emerge of new variants of the virus developing overseas, along with the significant number of cases and […]