Tui’s shares tumble after it announces plans to raise up to £350m of emergency debt to help it survive pandemic By Daily Mail City & Finance Reporter Published: 21:50 BST, 9 April 2021 | Updated: 21:50 BST, 9 April 2021 Tui’s shares tumbled after it announced plans to raise up to £350m of emergency debt … Read more
Hedge funds bet £100m on cash-strapped package holidays giant Tui’s share price dive By Jamie Nimmo, Financial Mail On Sunday Published: 21:52 BST, 22 August 2020 | Updated: 22:07 BST, 22 August 2020 Cash-strapped package holidays giant Tui has come under attack from hedge funds hoping to cash in on a looming rights issue aimed … Read more
Deep-cleaned rooms, no football tournaments and buffets ‘reduced to a minimum’: Tui reveals its 10-point plan for post-lockdown holidays The plan says that restaurants will have fewer tables but longer opening hours Guests will also be encouraged to check into their hotel room via their phones Food and drinks will be served to guests by … Read more
Bailed-out TUI’s bosses refuse to accept a pay cut despite furloughing 11,000 UK staff TUI received a £1.6billion bailout from the German government It claims its executive board is ‘also making its financial contribution in the crisis’ It also said it was unlikely there would be any bonuses this year for executives By Jamie Nimmo … Read more