but personally I’d take it with a bucket of salt.Īll their planes are grounded, all their hotels are empty, they must have massive ongoing costs, finance costs on their debt etc, no income to cover said costs in foreseeable future.Īnd I agree with Westie, why try and turn Barbados into another Aruba. Sunwing might be talking big about the redevelopment of Discovery Bay hotel. holidaymakers whose holidays have been cancelled, it is offering vouchers instead. TUI does not have the funds to offer refunds to U.K. However as there is no prospect of international tourism recommencing for a long while yet, it will probably need further bail outs, which might not be forthcoming. TUI recently had a massive bailout from the German Govt to stop it going under. a few years ago, it is the biggest package holiday company in the UK after Thomas Cook went bust. TUI is a German company which took over Thomson Holidays in the U.K.
