Our analysis of the latest published accounts of the travel facilitation sub-sector of the wider travel and tourism industry in the UK formed the main basis of our recent market sector report on travel. Our report showed a picture of cautious optimism, but some clear weaknesses in the overall finances of the sub-sector. A deeper dive beyond those financial weaknesses
Public confidence in travel agents Despite the rise of self-booked holidays, self-assembled via the internet, over a third of UK tourists book their trips through travel agents, according to research by Travel Counsellors. Figures published by ABTA in October as part of its first-ever Travel Confidence Index shows a score of +72 for those who booked through a professional, compared
The most recent results of major airlines focused on the UK market show an extraordinary level of positivity. Profits at British Airways owner, IAG in Q2 2023 soared by 400% and broke previous records for that quarter. EasyJet has announced a $30bn order for Airbus planes as part of setting an ambitious annual profit before tax target of £1bn as
Opus Business Advisory Group is pleased to announce it has become an ABTA Partner with ABTA travel association. ABTA has been a trusted travel brand for 70 years, offering advice and guidance to the travelling public, as well as leading the travel industry in supporting high service standards and promoting responsible tourism at home and abroad. The travel industry has arguably been the
As the biggest mass vaccination program in history reaches the milestone of 43 million people in the UK having received at least one dose, the travel industry can dare hope that a sort of new normal may return before the end of the summer. The Government’s employment lifeline furlough scheme is due to end at the end of September with
