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Tours

UNWTO Secretary-General Visits King of Spain

UNWTO Secretary-General Visits King of Spain

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The Secretary-General of the World Tourism Organization (UNWTO) was received by H.M. King Felipe VI of Spain to assess how the COVID-19 pandemic is affecting the tourism sector both nationally and internationally.

Expedia Group

Expedia Group Raising New Capital

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Expedia Group, Inc. is raising approximately $3.2 billion of new capital, consisting of a $1.2 billion private placement of perpetual preferred stock and approximately $2 billion in new debt financing.

summer holiday at home

48% of Americans Canceled Summer Travel Due to Coronavirus Concerns

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Uncertainty surrounding the coronavirus pandemic has caused nearly half (48%) of Americans to cancel their summer travel plans for this year leading to more distress for the travel industry. Additionally, 1 in 6 Americans also said they would wait a full year before traveling again.

Dream Seychelles

Seychelles Tourism Board: "Dream Now, Experience Seychelles Later"

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Seychelles Tourism Board announced the first phase of an online campaign entitled: Dream Now, Experience Seychelles Later. Taking over the internet in a wave of positivity amidst this recent time of global crisis, the Tourism Board is currently striving to ensure that Seychelles remains at the forefront of potential visitors’ mind. 

TUI gets loan for 1.8 billion euros

TUI: Banking Consortium Approves German Federal Government Bridging Loan

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KfW and TUI AG confirm the signing of the state aid bridging loan for 1.8 billion euros. The loan had been committed by the German Federal Government on 27 March as part of the COVID-19 state support programme.

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