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Given that travel and tourism likely won’t return to pre-pandemic levels until 2023 at the earliest, it is important for carriers and operators to understand the staggered nature of the recovery and adapt to it. Matching supply and demand is a balancing act, which must be underpinned by smart analytics to manage cash flow and scale workforce and service capacity. The Group has signed a shareholder agreement with the Barceló Hotel Group to develop three hotel complexes in North Male’ Atoll, Maldives, which consists of 470 keys. The total value of the development is estimated at USD 150 Mn, with Barceló investing USD 30 Mn for a stake of 33.33% shares of Bodufaru Beach Resorts Ltd. Apart from the shareholder agreement, Barceló Hotel Group entered into a management agreement to manage 5 leisure properties in Sri Lanka …