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Tourism relief fund now open for applications

The Small, Medium and Micro Enterprise (SMME) Department of Tourism is officially open for applications, with the Department of Tourism encouraging eligible businesses to apply for the COVID-19 Tourism Relief Fund from April 7 to May 30.According to a statement…

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British Airways confirms staff furlough

International Airlines Group has confirmed further cuts to its planned schedule, with only ten per cent of flights now set to operate in April and May.In mid-March, the group – which owns Iberia, British Airways and Aer Lingus – had…

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Crisis: smart tourism businesses focus on innovation

Stephen Hawking famously said that ‘intelligence is the ability to adapt to change’, and the coronavirus pandemic has made companies face a great change – including in the tourism sector. Words like telecommuting or remote work, virtual meetings, and tools…

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MSC Cruises delays return until end of May

MSC Cruises has further extended the halting of all its new cruise departures fleet-wide through to May 29th.The decision comes in light of the continued extraordinary circumstances the world is facing in connection with the Covid-19 virus global health emergency.The…

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TUI secures €1.8 billion loan from German government

TUI AG has received the approval of the German government for a bridging loan of €1.8 billion from the KfW.The funds of Germany’s state-owned development bank are to be used to increase TUI’s existing credit line with its banks amounting…

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UIF to provide additional financial benefits for employees

Tourism businesses that do not qualify for the R200 million (€10.41m) Tourism SMME Relief Fund announced by President Cyril Ramaphosa earlier this week may apply to the Temporary Employer/Employee Relief Scheme (TERS) for subsidies to fund their employees’ wages.When providing…

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IATA predicts huge falls in aviation revenue

The International Air Transport Association has updated its analysis of the revenue impact of the Covid-19 pandemic on the global air transport industry.Owing to the severity of travel restrictions and the expected global recession, IATA now estimates that industry passenger…

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Sandals Resorts shuttered in Caribbean until mid-May

Sandals Resorts International will close its properties in the Caribbean until May 15th to protect guests and staff against the spread of Covid-19.All resorts under both the Beaches and Sandals brands are expected to close their doors in March 30th.In…

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