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Belmond, a visionary leader in luxury travel, has outlined the blueprint for what it expects to be a “year of transformation” in 2024. Marking the close of 2023 with the acquisition of a 17th century estate in Mexico, the brand is announcing plans for 2024 that include the selective expansion and enhancement of its portfolio with heightened focus on train travel, the development of new exceptional experiences and a deeper focus on its environmental and social responsibility.
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