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TUI quantifies virus blow

TUI quantifies virus blow

Covid-19 has dealt TUI (TUI) a serious blow, to say the very least. For its third quarter to June, the tour operator registered a revenue decline of 98 per cent to €75m (£68m) – with just 55 hotels, or 15 per cent of its total portfolio, opening up as lockdown measures gradually eased. All three of the group’s cruise operations remained frozen during the period

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