ttnworldwide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ttnworldwide.com Daily Mail and Mail on Sunday newspapers.
The European Bank for Reconstruction and Development (EBRD) is supporting the recovery of Turkey’s tourism sector with a €25 million loan to Bartu Turizm Yatirimlari, a hotel joint venture between German travel and tourism company TUI Group and the Barut family in Turkey. The company was set up in 2011 and operates four hotels in Antalya and Fethiye on Turkey’s Mediterranean coast, with a total of 1,246 rooms. As with tourism and hospitality companies worldwide, Bartu Turizm was affected by the Covid-19 pandemic, which led to social and travel restrictions. The EBRD’s long-term loan will refinance the company’s existing loans and extendThe European Bank for Reconstruction and Development (EBRD) is supporting the recovery of Turkey’s tourism sector with a €25 million loan to Bartu Turizm Yatirimlari, a hotel joint venture between German travel and tourism company TUI Group and the Barut family in Turkey. The company was set up in 2011 and operates four hotels in Antalya an