The Ministry of Finance has enhanced the credit limit available to airlines under the Emergency Credit Line Guarantee Scheme (ECLGS). This makes them eligible for a sum equivalent to 100% of their outstanding debt, up to INR 1,500 crore, as per a news report in the The Hindu. Earlier, airlines were eligible to borrow up to…
France Will Limit Tourists At Popular Attractions To Combat Overtourism
Marseille Among Those Keeping The Visiting Numbers Under Control Several towns in France have taken the sudden surge in tourism into their own hands by implementing limits on the number of visitors. Marseille is one of the most significant cities to take action. The French countryside has long been an iconic destination for foreigners. Its…
23 Cities In Europe Urge EU To Limit Short Term Rentals
Europe is open again, and now that visitors can travel freely, without being subject to Covid rules, tourism figures are soaring to record-highs. This might sound like it’s good news for business, especially after two years of stagnation, but some 23 European cities are in fact pushing for a clamp down on short-term rentals. For…
