Almost 90% of UKinbound’s tour operator and DMC members will be forced to make “large scale” redundancies, unless the government offers more financial support to the tourism sector.
The sobering statistic was released as part of a new survey of the tourism trade association’s members – which found 60% of inbound firms will likely make further redundancies in August when the Coronavirus Job Retention Scheme tapers off.
The study revealed 88% expect to make between 25% and 100% of their staff redundant, while 53% expect their business to last no more than six months.
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