TUI expects summer boost after pandemic pushes holiday giant into ‘fragile’ position February 9, 2021 The world’s biggest holiday company has announced a €699m loss during its first financial quarter as lockdowns severely limited demand for fights over the festive period. The results signal a difficult year for TUI, whose operations have been battered by the coronavirus pandemic. Cautious optimism Despite the challenges, the group remains confident in a strong [...]
Central London’s economy hit hardest by Covid as tourist spending plummets £10bn February 1, 2021 Research published by Sadiq Khan shows central London’s economy has been hit hardest by Covid-19, largely due to home working and a sharp drop in tourism. Tourism spending fell by £10.9bn in 2020 compared to the year before, with more than 26,000 jobs at risk in arts and culture alone and the night-time economy also [...]
Travel dreams: Where Morning Wire staffers want to visit next January 29, 2021 As we approach the end of yet another month of lockdown, we asked the staff at Morning Wire where they want to travel for their first post-coronavirus excursion. From the chilly wilds of Sweden to the neon-soaked streets of Tokyo, let us take you on a meandering journey through the psyche of our journalists. Andy [...]