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'Specialists must treat the mass market as a barometer', Aito members told

Government
Ilaria Grasso Macola
24 November 2023

Specialist tour operators must "keep an eye" on the mass market, with the performance of larger players likely to have a more pronounced knock-on effect on the wider sector as travel continues to rebuild from the Covid pandemic.

Martin Alcock Travel Trade Consultancy TTC.jpg

Alcock: 'Softening prices due to overcapacity could give investors pause for thought'

Martin Alcock, director of the Travel Trade Consultancy (TTC), warned Aito conference delegates that large tour operators might have to start pulling levers if they don’t achieve the growth they’re anticipating next year. 

 

This, Alcock told the conference in Thessaloniki, could lead to potential price reductions, impacting the rest of the market – including specialists.

"I personally cannot see there’s enough demand for all of them to achieve [such a growth],” he said on Friday (24 November). “The big fear therefore is that they will become like Icarus, flying too close to the sun.”