Allard warns of failures and demand slump

April 2009
Travel Weekly (UK);4/10/2009, p8
Trade Publication
The article reports that Roger Allard, chairman of All Leisure Group, told an Institute of Travel and Tourism (ITT) dinner in the first week of April 2009 that the value of the pound has dropped so much, that the industry needs double-digit increases in prices next year and there is no way the market can take that. Allard was called in by the Civil Aviation Authority (CAA) of Great Britain to oversee repatriation of 85,000 holidaymakers when XL Leisure Group PLC collapsed.


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