November 2009
Travel Weekly (UK);2010 Travel Awards, p34
Trade Publication
The article discusses the importance of effective business management to meet the challenges of recession. MacIntyre Hudson LLP principal Andrew Burnham has urged agents to look at all aspects of their business to ensure they are operating efficiently. It suggests that travel companies have to look at their cash flow to survive in the worsening economy. Moreover, consolidators are offering more seats at better prices to maximize their sales to cope up with the recession.


Related Articles

  • Guest Editorial: Discount rates since the credit crunch. Westerman, Wim // Journal of Corporate Treasury Management;May2009, Vol. 2 Issue 3, p197 

    The article presents the author's scrutinization of discount rates in the wake of the current economic crisis. Though it is a widely accepted understanding that discount rates for cash flows have gone up, the author states that the concept is not that simple. The author uses the "Gordon discount...

  • Cash flow woes BE GONE! FLYNN, RICHARD // Industrial Management;Nov2009, Vol. 51 Issue 6, p20 

    Although the recession may be reaching its final days, industrial engineers must continue to ride out the rough economic waters looking for ways to stay afloat. The survival plan for these recent troubles lies in their own hands and relies heavily on efficiently monitoring cash flow. Reserving...

  • Cash is king. Gale, Steve // Lawyer;10/12/2009, Vol. 23 Issue 39, p25 

    The article offers information on cash management practices to improve income flows in firms especially during the hard economic times. It is stated that robust client acceptance processes, which include terms agreement in billing and payment plans, are essential. It notes that knowing the...

  • Increasing Mid-Market Visibility. GAMBLE, RICHARD // Treasury & Risk;Feb2010, p24 

    The article focuses on the steps done by middle-market firms to improve their efficiency and cash flow. Bernie Avondent of KeyBank said that in the midst of the recession, more mid-market companies are investing on treasury workstations and other tools that can level up their cash flow. The...

  • STAYING POWER.  // Travel Weekly (UK);2010 Travel Awards, p43 

    The article provides information on the resilience manifested by the short-haul industry in an uncertain economy in Great Britain. It states that the resilience of the sector to respond to the changing demands of the consumers have helped in staying in the business. It notes that the growing...

  • HOW ECONOMY WILL AFFECT TRADE.  // Travel Weekly (UK);4/9/2010, Vol. 5, p50 

    The article features the views of Andrew Burnham, head of travel sector team at MacIntyre Hudson, on the impact of economic crisis on travel industry in Great Britain.

  • Liquidity Management and Corporate Investment During a Financial Crisis. Campello, Murillo; Giambona, Erasmo; Graham, John R.; Harvey, Campbell R. // Review of Financial Studies;Jun2011, Vol. 24 Issue 6, p1944 

    This article uses a unique dataset to study how firms managed liquidity during the 2008–2009 financial crisis. Our analysis provides new insights on interactions between internal liquidity, external funds, and real corporate decisions, such as investment and employment. We first describe...

  • Looking forward and sourcing funds. Gelbart, Naomi // Charter;Jun2012, Vol. 83 Issue 5, p34 

    The article offers information on corporate treasury management. It is mentioned that corporate treasury management is related to managing banking obligations, arranging funds and obliterating financial risks. Also, the market volatility following the global financial crises of 2008, managing...

  • Success in 2011 and beyond. Hayward, Chris // Builders Merchants Journal;Jan2012, Special section p7 

    The article presents an overview of the developments of NMBS Ltd. which has secured a positive growth despite the impact of the global recession in Great Britain. It highlights its planned initiatives while looking more to improve and add its comprehensive services to builders merchants and...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics