Tag: financial trouble
Sri Lanka Tourism in crisis: Managing and seeking out opportunities
The Rapid Response Team by Safertourism reached out to Sri Lanka tourism authorities including the minister of tourism and industry leaders within hours of the devastating terror attack on the ... Read More
US hotels: Distressed and at high risk of foreclosure
CHICAGO, Illinois (eTN) - In the US, hotel loan defaults and foreclosures are on the rise. Alarmingly, the rate of increased shutdowns is expected to speed up even further. Read More
ENAC grounds MyAir
ROME - Italy's civil aviation authority grounded low cost airline MyAir on Wednesday, saying months of financial troubles made the company's service unreliable. Read More