Recently，The world’s largest travel group Germany’s TUI (TUI) releases contract amendment，Delay 75% of the amount payable in 2020 to March or April 2021。The Greek hotel 188bet online live casino is therefore even worse，You may face huge losses。

According to introduction，TUI cooperates with more than 2000 hotels in Greece。The Greek hotel 188bet online live casino is expected to lose 12 to 14 billion euros due to the epidemic。TUI also suffered heavy losses due to the epidemic，This group announced on October 13 this year，Due to the impact of the new coronavirus epidemic，The group suffered serious losses，Plan to lay off 8,000 people worldwide，This accounts for more than 10% of its total employees。Expired only in the second quarter of this year，TUI’s net loss exceeded 7.600 million euros。

Tasios, Chairman of the Hellenic Hotel 188bet online live casino Federation, said in an interview with local media recently，TUI’s debts to hotels across Greece have accumulated to approximately 1 since August this year.400 million euros。According to the contract provisions before the amendment，TUI requires payment within 60 days of issuance of invoice。But TUI announced at the end of October that the payment would be paid in installments，Pay 25% first，The remaining 75% will be paid in March or April 2021，If the partner hotel does not agree to this agreement，No payment will be received。Tasios thinks so，The Greek hotel 188bet online live casino must use state funds to survive this new crisis。The funding gap of Greek hotels will also put huge pressure on employees and even government departments，And it will threaten the sustainable development of the Greek hotel 188bet online live casino。

Tassios name，Other travel groups，Even smaller travel agencies have been hit hard by the COVID-19 pandemic，They are working with the Greek hotel 188bet online live casino，Resolve debt within a reasonable time frame。But TUI is the only one that solves the problem by choosing the above method。

The Hellenic Hotel 188bet online live casino Federation not only issued a written warning to the competent authorities when hotels resumed operations in June，And also reminded the 188bet online live casino to pay attention to this issue in September。Tassios said that in September this year, he noticed that TUI accepted the second aid package from the German government，Thus it was discovered that TUI has an obvious funding gap，And the problem is international。He emphasized，When the relevant departments reach a cooperation agreement with a large tourism group like TUI，Necessary insurance details should be included。

Tasios is worried about a similar scenario to the bankruptcy of Thomas Cook, a long-standing British travel agency, in 2019，At that time, the Hellenic Tourism Federation referred to this sudden collapse as a "magnitude 7 earthquake"，Resulting in "the tourism sector seems to be waiting for a tsunami"，Greece local hotels and tourism 188bet online live casino suffer 2.Loss of 500 million to 500 million euros。

*Source of 188bet online live casino article: CCTV News Client, author：Wang Yuguo, original labelQuestion:《Delayed payment by European travel giants worsens the situation for the Greek hotel 188bet online live casino》.