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Thursday, 25.04.2024, 00:16
Turkish tour operator OTI Holding sets up business in Lithuania
BC, Vilnius, 21.10.2020.
Print version
Print versionTurkish tour operator OTI Holding, operating Coral Travel travel agencies in Eastern Europe, has set up its business in Lithuania, writes LETA, according to the Lithuanian Center of Registers.
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Coral Travel Lithuania was established on October 19 and is led by Kesen Cahitefe. The company's authorized capital stands at 300,000 euros and Turkey's OTI Holding is the new company's sole shareholder.
Based on information on the Coral Travel website, the company is operating under this brand in Turkey, Poland, Russia, Georgia, Ukraine and Belarus and organized tours to the most popular destinations of Turkey, Spain, Egypt, Greece, Tunisia and other countries.
Travel and accommodation are the areas that have been hardest-hit by the coronavirus pandemic, with the UN World Tourism Organization estimating that tourist flows will drop 58-78 percent this year.
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