Organisations & Operators,

TUI Group has taken steps toward securing a further €1.2 billion bailout from the Germany government.
With bondholders having waived certain rights at the start of the month September, the German Economic Stabilisation Fund (WSF) has now subscribed to a warrant bond with a volume of €150 million.
Both conditions had to be fulfilled by September 30th to unlock further federal support.
With the proceeds from the bond with warrants and the increase in the KfW credit line of €1.05 billion, TUI Group will have a further €1.2 billion at its disposal.
Including this second stabilisation package, TUI will have financial resources of around €2 billion the company said it a statement.

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Fritz Joussen, chief executive of the TUI Group, explained: “We continue to operate in a very volatile market environment.
“Travel advice and travel disruptions in our markets and destinations are constantly changing.
“There are still significant restrictions on worldwide travel through Covid-19 and on our business.
“This makes planning more difficult and requires enormous flexibility from tour operators.”
He added: “The increased stabilisation package with government loans will above all secure liquidity during the pandemic.
“We have to bridge this period without any significant turnover and at the same time accelerate the restructuring for the post-Covid-19 period.
TUI had previously warned that with the choice of destinations largely dependent on government policy on the coronavirus, the trading backdrop was likely to remain volatile “for the next few quarters”.
The company said it was cutting 8,000 jobs as part of a €300 million cost-saving programme.
In March, TUI received a commitment for an initial stabilisation package from the German federal government valued at €1.8 billion.
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Fifty per cent of organisations have begun travelling again, but with stipulations, according to the third phase of a combined multinational survey by global travel management company FCM Travel Solutions.
The state of the market review was carried out for the company by consulting arm 4th Dimension and consisted of one-to-one in-depth interviews with 250 customers globally.
The workshops examined a new path forward for the remainder of 2020 and into 2021, as corporate travel resumes amid new safety and hygiene requirements and protocols.
While half of respondents said they have employees already travelling or booking reservations to travel in the near future, resuming travel will be different for everyone.
The combined results of the research show that over 90 per cent of businesses indicated that they planned to travel domestically and short haul international flights, within three months of governments re-opening borders and lifting restrictions such as quarantine.
Yet the number of trips taken will likely be lower, as only 26 per cent of businesses are planning to return to their pre-Covid-19 levels for domestic travel during 2021.
The remaining 74 per cent of businesses predict reduced domestic travel for the immediate year ahead.
Pre-Covid the average number of business trips per traveller was six-ti-eight per year; this number is likely to fall between three and four trips per person, per year until 2023.Clients still have long-haul travel plans on hold indefinitely, as they assess the balance between need and safety.

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In particular, national businesses in USA, Australia, China and New Zealand were less likely to have long-haul international plans for 2021, indicating only domestic and short-haul international travel will be planned for next , year.
Chris Galanty, global corporate chief executive of FCM-owner Flight Centre Travel Group, said: “Engaging with our customers on the impact Covid-19 via this three phase state of the market research project was vital in order to understand our customers sentiments and the best way we can support them during a period of rapid and continuing seismic change and uncertainty. 
“Even now, as pockets of the industry turn towards recovery, the business travel landscape continues to shift and evolve. In preparation for a return to some normality, businesses and suppliers are reframing their priorities, processes and procedures.
“It is clear that uncertainty will remain for some time, particularly while governments re-impose border restrictions or quarantine periods. 
“However, understanding how companies are resuming business travel and what factors are having the biggest impact on their priorities, will enable us to provide the best possible support going forwards.”
More Information
FCM Travel Solutions has been recognised as the World’s Leading Travel Management Company by voters at the World Travel Awards for the past nine years.
Find out more about the company on the official website.
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Iglu.com has confirmed it will begin a redundancy consultation with a number of staff as the travel sector continues to battle the fallout from the Covid-19 pandemic.
The company currently has four brands – including Igluski, Iglucruise and Planet Cruise.
Richard Downs, chief executive of Iglu.com, said: “Iglu.com will be entering into a consultation process with staff as part of a full strategic review to reshape the business, with the goal of emerging from the pandemic stronger and poised to grow again when demand returns.
“I have written to staff to inform them that roles across the business are at risk.”
Iglu.com claims to be the largest independent agent of ski holidays in the UK, while it also has a large presence in the ski sector following our acquisition of Planet Cruise in 2013.
The company was founded in 1998, and currently has more than 200 staff.

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Downs continued: “The unprecedented circumstances of the last few months have been the most challenging period in the 22 years since Iglu.com launched, as it has been for so many businesses in the travel industry.
“I cannot thank our team enough for their dedication, support and resilience, in such difficult circumstances.
“The success enjoyed at Iglu.com has been driven by the people who work here, so it is with great regret that it has become necessary to restructure the business.
“We are proposing to reduce our operating costs by 40-50 per cent to be a more appropriate size for the current trading environment.
“We are doing this as a short-term measure so that we can emerge stronger and return to growth when cruisers and skiers are able to travel again.   
“We have investigated all avenues in order to retain jobs but as cruising drives the majority of our revenue, and with the pause of cruise operations ongoing, this has become necessary.
“We have organised external support for staff whose roles are made redundant after the consultation period, we will do all we can to help them showcase the great skills and experience we know they have to offer.”
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The Croatian National Tourist Board has launched a new promotional campaign – entitled ‘Thank you’ – on social networks including Facebook, Instagram and Twitter.
The body said it would like to thank foreign tourists for choosing Croatia and Croatian destinations for their trips this year.
The campaign is being implemented across 13 foreign markets – including Germany, Austria, Slovenia, Poland, the Czech Republic, Slovakia, Italy, Hungary, Belgium, France, Sweden, Switzerland and the United Kingdom.
“With this campaign, we would like to thank all foreign guests who, despite the prescribed epidemiological measures and travel protocols, have shown their confidence in Croatia during this challenging and unpredictable year.
“Our goal is to continue to maintain the visibility of Croatia in selected markets and to let everyone know that they are also welcome in Croatia next year,” said the Croatian National Tourist Board director, Kristjan Stanicic.

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He also noted that to-date more than seven million tourists have visited Croatia this year.
The focus of the campaign is primarily on Germany, Slovenia, Poland and the Czech Republic, the markets that, along with domestic tourists, recorded the greatest number of overnights in Croatia this year.
For each market, the visuals of the three favourite and most visited destinations from each group are highlighted.
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The World Travel & Tourism Council (WTTC) has added 100 destinations to its ‘Safe Travels’ accreditation scheme, with the Philippines becoming the latest member.
The stamp, which was developed in order to help restore confidence in travellers and work to revive an ailing tourism sector, is now also being used by many more major holiday destinations such as the Maldives, Bermuda, Namibia, Uganda and Montenegro.
The specially designed stamp enables travellers to recognise destinations around the world which have adopted health and hygiene global standardised protocols – so they can experience ‘Safe Travels’.
This landmark move by WTTC also received the backing of the United Nations World Tourism Organisation (UNWTO).
The launch of global protocols to recover the tourism sector have been embraced by over 200 chief executives including some of the major tourism groups from around thew world.

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Gloria Guevara, WTTC chief executive, said: “We are delighted to see our innovative initiative is proving such a great success and is being used by destinations from all corners of the globe.
“The 100 destinations which now proudly use the stamp are working together to help rebuild consumer confidence worldwide.
“We welcome the Philippines, an incredible destination and home to some of the world’s most beautiful islands, as our 100th destination, as well as other popular destinations around the globe such as Turkey, Egypt, Indonesia and Kenya.”
She added: “As the stamp continues to gain in popularity, travellers will more easily be able to recognise the destinations worldwide which have adopted the new set of global protocols, encouraging the return of ‘Safe Travels’ around the world.
“The success of the Safe Travels stamp shows its importance not only to countries and destinations, but also to travellers and the 330 million people around the world who work in and depend on a thriving the tourism sector.”
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The executive council of the World Tourism Organisation (UNWTO) has met in-person and virtually for its 112th session.
This was the first major in-person event involving tourism and the United Nations held since the Covid-19 was declared a pandemic.
The council was able to gather 170 delegates from 24 countries, who all agreed to support the Tbilisi Declaration with its commitment to making international travel safe again.
The body also decided to open a first UNWTO regional office.
The council of the United Nations specialised agency ensures that the organisation fulfils its programme of work and adheres to its budget.

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After the session was opened by the prime minister of Georgia, Giorgi Gacharia, UNWTO secretary general Zurab Pololikashvili outlined the accomplishments of the past 12 months.
This included the provision of technical support to members, tourism advocacy at the very highest political level, and furthering the contributions of tourism to the Sustainable Development Goals from within the wider United Nations system.
Opening the meeting, Gacharia said: “The post-crisis era presents an opportunity for our tourism sector to showcase the uniqueness of Georgia and make the country into a leading destination, with the many social and economic benefits this will bring.
“Work together to build a tourism sector that works for everyone, where sustainability and innovation are part of everything we do.”
In his welcoming remarks, Pololikashvili underscored the value of tourism.
He added that: “This crisis has made clear the important role tourism plays in every part of our lives,” laying the ground to “work together to build a tourism sector that works for everyone, where sustainability and innovation are part of everything we do”.
The members of the council confirmed plans to open the first UNWTO regional office, to be located in the Kingdom of Saudi Arabia, which recently announced its ambitious plans to open up its tourism sector to the world, including through the relaxation of visa rules for visitors.
Ahmed Al Khateeb, minister of tourism for Saudi Arabia, commended UNWTO for “its leadership during this challenging period”.
He added: “We are honoured that Saudi Arabia has been approved as the location for the first ever UNWTO regional office.
“This collaborative approach will help drive growth and build resilience across the tourism sector at national and regional levels.”
He announced that the regional office for the Middle East will opened between this and next year.
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loveholidays has become the latest travel agent to depart ABTA in a growing dispute over refunds.
The online travel company follows On the Beach in resigning its membership of the trade body.
The association recently reaffirmed its position that, if the Foreign, Commonwealth & Development Office advises against “all but essential” travel to a destination, trips should be cancelled, and refunds offered.
However, On the Beach and now loveholidays have rejected the position.
A statement from loveholidays explained: “The Covid-19 pandemic has caused unprecedented challenges for holidaymakers, which have been exacerbated by frequent changes in travel guidance issued by the UK government.
“The current package travel legislation was never designed to deal with disruption on the scale we have seen since March.

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“Unfortunately, as a result of our divergent views on the legal position regarding cancellations and refunds, we have decided that it is no longer possible for loveholidays to remain a member of ABTA.”
Loveholidays said package holidays remained protected by the ATOL scheme.
The statement added: “We believe the priority for everyone in the travel industry should be to come up with a workable, fair solution to help holidaymakers get their money back as quickly as possible.
“Speeding up the refund process for airlines must be a key part of this solution, and we urge the entire industry to focus on working together to make this possible.”
In response to the latest resignation, ABTA doubled down on its position.
A spokesperson explained: “loveholidays has chosen to resign from ABTA membership following ongoing discussions about refunds due to customers when the Foreign Office advice changes to advise against all, or all but essential travel to a destination.
“ABTA is firm in its position that the longstanding practice of offering a full refund when the Foreign Office advises against travel still stands.”
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