Barbados is LIAT's majority shareholder at 49.5 percent, currently undergoing an International Monetary Fund (IMF) four-year Extended Fund Facility (EFF) is not in a financial position to support LIAT and/ or facilitate its expansion.

Thomas Cook has revealed it is in “advanced discussions” with its largest shareholder, Fosun Tourism Group, about a potential recapitalization of the company.

British billionaire Richard Branson’s space-tourism unit Virgin Galactic plans to go public later this year.

The United States government fined travel technology company Expedia Group $325,406 for breaching Cuban travel sanctions between 2011 and 2014.

Discover Puerto Rico has appointed United Kingdom-based travel representation and PR consultancy Hills Balfour, an MMGY Global company, as its international agency.

Airbnb has teamed with the Government's Tourism Development Corporation to host a series of events aimed at empowering local entrepreneurs through a platform that highlights local activities.