Articles tagged “sanctions”

Short-Term Rentals

4 Takeaways From Airbnb’s Second Quarter Report

Airbnb's revenue stream wasn't as internationally diverse in the second quarter as it was pre-pandemic, but it is slowly creeping back to that level as international markets open.

4 Takeaways From Airbnb’s Second Quarter Report

Airlines

European Union Removes Sanctions on Syria’s Cham Wings

The lifting of sanctions, which came about over claims of smuggling, means the airline can now look to operate beyond the Middle East region.

European Union Removes Sanctions on Syria’s Cham Wings

Airlines

Russia to Invest $14.5 Billion in Building Its Own Planes as Sanctions Bite

With its aviation industry tanking due to sanctions from the West and the seizure of planes from leasing companies, the Russian government is taking a serious step to salvage what's left of a decimated domestic market.

Russia to Invest $14.5 Billion in Building Its Own Planes as Sanctions Bite

Airlines

Russians Flee to Favorite Tourism Locales of Dubai and Maldives

Sanctions be damned, destinations like Dubai and Maldives continue to welcome an inflow of Russian rubles to their tourism economies.

Russians Flee to Favorite Tourism Locales of Dubai and Maldives

Tourism

Russia Travel: Who’s In, Who’s Out

The global travel industry is split over doing business in Russia, although the vast majority of companies are abiding by the relevant economic sanctions. Moral outrage, self-interest, and disparate views over harming ordinary Russians are clashing big time.

Russia Travel: Who’s In, Who’s Out

Tour Operators

Russian Oligarch Resigns From TUI Group Board After EU Sanctions

Mordashov's resignation from the TUI Group supervisory board has to be a tremendous relief to the world's largest tour operator, which can now in large part get on with its business. However, there is a substantial hangover: With his shares frozen, Mordashov still remains TUI Group's largest shareholder.

Russian Oligarch Resigns From TUI Group Board After EU Sanctions

Tour Operators

TUI Group’s Largest Shareholder Hit With European Union Sanctions

How will TUI Group respond to the European Union's sanctions against the tour operator's largest shareholder? The issue goes beyond any potential financial fallout and becomes one of corporate responsibility and the integrity of the TUI Group brand.

TUI Group’s Largest Shareholder Hit With European Union Sanctions

Tour Operators

World’s Largest Tour Operator TUI Has a Russian Oligarch Problem

Does TUI Group really want to be associated with a Russian oligarch who sits on its strategy committee and who is close to and allied with Putin during Russia's invasion of Ukraine? That sort of publicity could hammer the company's reputation and its customers won't take the news well.

World’s Largest Tour Operator TUI Has a Russian Oligarch Problem