EU promises a summer tourist season
The European Union has proposed that member states lift travel restrictions for the summer holiday season in order to get the continent's tourism industry back on its feet.
"Our message is we will have a summer tourist season," the E.U.'s Economic Affairs Commissioner Paolo Gentiloni said on Wednesday, "even if it's with security measures and limitations."
The continent that was once the epicenter of the coronavirus pandemic now sees its borders opening up for summer tourists. While the borders for a number of European countries still remain closed, the E.U. is encouraging member states to come up with a plan for opening to tourism.
Related: When will international travel return? A country-by-country guide to coronavirus recovery
"We all need a break, especially after this confinement," said Thierry Breton, the E.U.'s internal market commissioner. "We want to enjoy summer holidays, we would like to see our families and friends even if they live in another region, in another country.
"But we want to be able to so while staying healthy and safe because we know the virus will stay for us for some time."
For more TPG news delivered each morning to your inbox, sign up for our daily newsletter.
Some countries have already unveiled plans for reopening to tourism. For example, Greece's prime minister has said that the country expects to open for tourists in July. Additionally, Austria and Germany are lifting border restrictions, with German Chancellor Angela Merkel saying that many internal EU border restrictions would be lifted by June 15.
Related: Why your summer holiday to Greece looks promising
There are also talks of "travel bubbles" or "green corridors" that would allow countries with a declining or low infection rate to open up to select countries with similar rates. Those policies would be in place until borders are fully reopened.
The E.U. plans to set out policies for developing health and safety protocols for the hospitality sector, such as allowing hotel guests to book a time to use the pool or gym.
With these plans, the ability to visit for those coming from outside of participating member states is still unknown.
Also on Wednesday, the European Union ruled that it was standing by its rule that airlines have to refund passengers when a flight is cancelled. Last month, the transport ministers from some E.U. states asked the governing body for leeway on the policy to help their cash-strapped national carriers. However, the EU held its position that says the airlines must give passengers their refunds, rather than a voucher.
In recent days, some E.U. countries have announced that arriving travelers will be required to quarantine for 14 days. Additionally, the U.K. announced plans to require arriving passenger to self-isolate for 14 days. However, details remain vague at this point.
TPG featured card
Rewards
| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
| 10X miles | 10 miles per dollar on hotels and rental cars booked through Capital One Business Travel |
Intro offer
Annual Fee
Recommended Credit
Why We Chose It
The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit.Pros
- The Capital One Venture X business card has a very lucrative welcome offer.
- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month
Rewards Rate
| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
| 10X miles | 10 miles per dollar on hotels and rental cars booked through Capital One Business Travel |
Intro Offer
Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account openingEarn 150,000 bonus milesAnnual Fee
$395Recommended Credit
Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.740-850Excellent
Why We Chose It
The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit.Pros
- The Capital One Venture X business card has a very lucrative welcome offer.
- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month

