Breaking Travel News

Travel Industry News Page 359

NH Hotels to reopen half of global portfolio

NH Hotels to reopen half of global portfolio

Hotel 

NH Hotel Group has launched a plan to gradually reopen its hotels around the world. The company said the plan was in line with the easing of restrictions in most countries and with comes with a view to reactivating activity as demand increases.

Stobart Group raises £100m in share offering

Stobart Group raises £100m in share offering

The group, which owns Southend Airport, said it requires additional liquidity to fund its short-term cash obligations and to enable it to build a strong foundation from which it can return its aviation business to growth.