Get the app today! Download iPhone App Download Android App

SUBSCRIBE

TUI Cancels Beach Holidays Until July 1

Published on May 29 2020 11:25 AM in General Industry tagged: Trending Posts / TUI

TUI Cancels Beach Holidays Until July 1

Travel operator TUI has cancelled all foreign holidays for British tourists until July 1 due to the COVID-19 pandemic, sending shares in the German group down 6% on Friday May 29.

The company, which had already axed departures until the middle of June, said that holidays to destinations such as Spain and Greece departing on or before June 30 have been cancelled, while its lakes and mountains trips have been stopped until October 1.

Cruises

It also halted sailings on its Marella Cruises line until July 31, with additional cancellations on some vessels stretching into 2021, and said that river cruises will not restart until after November 25.

Job And Cost Cuts

Earlier this month, the travel group said that it would cut 8,000 jobs and look to shed 30% of its costs as it geared up for a July restart to European tourism.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition. 

Advertising
Share on Facebook Share on Twitter Share on LinkedIn Share via Email