Analyst predicts shaky future for tour operators

Robertson, Edward
May 2008
Travel Weekly (UK);5/2/2008, p12
Trade Publication
The article reports on the prediction of David Pattison of industry analysts Plimsoll Publishing on the fate of tour operators if the economic slowdown impacting Great Britain worsens. He stated that about 40% of companies are reporting declining sales, while more than half of the country's top 1,000 operators are also seeing their margins fall. With tighter lending procedures, it is estimated about half of these operators running low on ready cash could either fail or find themselves victim to aggressive takeovers.


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