Speaking at the association’s Travel Matters seminar in Westminster on Wednesday (14 June), Mark Tanzer said that despite a “steady recovery from the dark days of the pandemic”, the sector was “not out of the woods yet”.
“Many customers are still in a cost of living squeeze with a stubbornly high inflation rate keeping interest rates and mortgage costs high, and travel companies are still burdened with the debt overhang from the pandemic, at higher interest rates,” he said.
