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The lights are out on Broadway — and the city’s biggest booster. The Big Apple’s tourism arm, NYC & Company, has furloughed more than half of its staff as the coronavirus shutdown slams its finances, The Post has learned. The public-private partnership is shelving 77 of its employees — roughly 55 percent of its workforce …
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The firm behind Madame Tussauds and Legoland parks is looking to raise $540 million in a bond sale, offering a high interest rate to try to secure funds to tide it over while most of its venues are closed in the coronavirus pandemic. Merlin Entertainments, the world’s second-largest operator of visitor attractions after Disney, is …
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The European Union says its vaunted tourist industry is facing “staggering” figures of decline because of the coronavirus crisis and the bloc’s internal market commissioner wants the sector to be first in line when it comes to recovery funds. Thierry Breton mentioned figures that the tourism economy could slump up to 70 percent and will …
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The travel industry has been decimated by the coronavirus — with estimates of over $24 billion lost as 825,000 jobs have been wiped out and more than 8.2 million visitors stay away from the United States alone. But with the storm clouds come a silver lining. Without the steady stream of cruise ships (some of …