Nearly half of Advantage members (44%) are still servicing Covid-19 debts, while just shy of a third (29%) said that high interest rates were impacting their businesses.
The consortium is seeking concessions from government to support travel’s rebound from the pandemic, with chancellor Jeremy Hunt poised to make his statement on Wednesday (6 March).
"The pandemic severely impacted both leisure and business travel, and many businesses were forced to use their own capital reserves to sustain their operations during the pandemic as they were continuing to operate at full capacity to serve customers cancelling and/or changing bookings," said Advantage.
