CWT wipes out debt with recapitalization deal

CWT wipes out debt with recapitalization deal

Travel management company CWT (No. 5 on Travel Weekly’s 2021 Power List) is getting $350 million in new equity funding as part of a recapitalization agreement with its existing financial stakeholders. In addition to the equity capital infusion, the terms of the…

Jamaica makes push to vaccinate tourism workers

Jamaica makes push to vaccinate tourism workers

Jamaica has established a task force to facilitate the voluntary Covid-19 vaccination of all tourism employees on the island, including workers in hotels and villas, attractions, airports, cruise ports, ground transportation and craft markets.  The task force has organized a series of…