Tuesday 1 December 2009

"What depression??..."


With so many of the smaller travel agents and businesses within the tourism sector showing substantial sufferings during today's economic times, it is with some amount of interest that we see how Europe's largest travel agent, TUI is bucking the trend...

TUI Travel has recorded a 15% rise in annual profits – beating rival Thomas Cook which yesterday reported flat profit levels...

Europe’s largest tour operating group saw pre-tax profits rise to £366 million for the year to September 30, up from £319 the previous 12 months...

TUI said winter business continues to improve across all source markets while summer 2010 trading in the UK “remains encouraging” with average selling prices up by seven per cent year on year...

So what is the secret of it's success where so many others seem doomed to fail? The answer seems to be (as well as the growth in winter sales) the fact that people are still, despite the financial forecasts, taking their main family holidays, treating it (as we have shown with the works of Tourism Concern and The Family Holiday Association) as a social right...

Interesting...

For more on this please follow http://www.travelmole.com/stories/1139727.php

Barticus.

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