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‘The travel industry needs our young people working abroad’
’Our industry could be a powerhouse of economic growth – a youth mobility scheme would work both ways for us and EU nations,’ writes Seasonal Businesses in Travel director Diane Palumbo for TTG
Abta: 'The mood music is changing in Westminster when it comes to travel'
Parliament to debate youth mobility bill following Abta intervention
It follows a 69% decline in UK nationals working in the EU in the five years following the Brexit referendum
Abta's annual profits jump by more than 50% despite slight decline in membership
Abta saw profits leap by over 50% in the last financial year, the latest annual report reveals, with no member failures in the 12 months
Travel agent, consumer spending, Barclays
Upward trend in spending with travel agents continues in December – Barclays
New figures from Barclays reveal spending with travel agents grew by 7.5% year-on-year in December, an increase matched by only one other sector monitored by the bank
Spending with travel agents increased by 8% in 2024 – Barclays
Spending with agents up by nearly 8% year-on-year, albeit down from a more than 10% jump in 2023
'There's so much opportunity out there for agents heading into 2025'
There are plenty of reasons for the trade to look ahead to 2025 with confident, agents tell TTG, while research from Abta also underlines how agents’ stock is rising among consumers
G Adventures buys out Covid-era investors after strong 2024
G Adventures has paid back private equity investment secured during the pandemic after using funds to upgrade technology ahead of 2025 expansion
Julia Lo Bue-Said new 2022 Advantage.jpg
Advantage charts double-digit bounce in Christmas and 2025 sales
Advantage Travel Partnership says sales of festive getaways and 2025 packages are ahead of the same point last year by double figures
Tunisian beach, sun loungers and parasols
Tui sees switch from Spain to North Africa as cost and capacity deter consumers
Tui has said some consumers are switching away from Spain to North Africa because of cost issues
Tui rolls out accommodation-only platform to Irish market
Package sales through agents still core to our business, insists Tui chief
’2024 has been a very good year for us,’ said Tui chief executive Sebastian Ebel after the group’s earnings soared by a third to €1.3 billion off the back of record cruise performance
Holiday Extras boss: 'There's a real opportunity for agents to become AI power users'
Holiday Extras founders pass on ownership after 42 years
The remaining stake in Holidays Extras has been sold by founders Gerry and Carol Pack, in a deal that sees them exit after 42 years, with son Matthew heading up the brand and its management team
The rise of rail and 'coolcations', and why agents will have to 'work for it' in 2025
Reflections on a strong but challenging 2024, a disappointing Budget and demand for cooler climes were some of the debates waged in the final Agenda 2024 seminar hosted by TTG and PwC
2025: Should you sell up, take on more staff – or just keep calm and carry on?
What does 2025 have in store for travel businesses? TTG assesses some of the challenges – and opportunities – coming in the new year
Scottish agents set to miss out on business rates relief again
The Scottish parliament has again denied high street agents help with business rates despite extending relief to the hospitality sector
Louise Haigh, tax hikes and the 'B' word – seven takeaways from Abta Travel Matters
Labour’s approach to travel, Brexit frustrations and the climate crisis were all top of the agenda at the latest Abta Travel Matters this week
Travel experiencing 'exponential growth' in Black Friday and Cyber Monday sales
The Black Friday-Cyber Monday sales window has become a ’relevant promotional’ period for the travel industry, agreed a panel of travel industry experts at TTG’s Agenda 2024 Winter Breakfast
Safari specialist of more than 25 years ceases trading as Atol holder
East Cape Tours and Safaris ceased trading as an Atol holder on Monday (2 December)
Spending with agents continues to grow even as summer winds down
Travel bucks wider retail trends again in November, despite tough Budget
New Barclays research shows travel agencies doing very well, partly as consumers cut back on essential spend to save for luxuries
On the Beach hails Classic Collection's return to profitability after restructure
On the Beach hails Classic Collection's return to profitability after restructure
Classic Collection has a ’significant opportunity to become the go-to B2B provider of Ryanair packages’, according to On the Beach Group chief executive Shaun Morton
Travel facing race against time to get ready for new EU border rules
Outbound travel now contributing more to UK economy than pre-pandemic
Outbound travel’s contribution to UK PLC now exceeds that of pre-pandemic, new figures from Abta estimate
Hurtigruten and HX finalise separation following buyouts
The lines have been acquired by investment consortia, both led by asset management firm Arini Capital Management. The buyouts are expected to be completed in January 2025.
Just how much will the Budget cost the travel industry?
Labour’s first Budget since taking power has left businesses reeling, and travel was no exception. So to what extent could the reforms hamper growth for agents and suppliers?
Norse Atlantic to lease out six aircraft in bid to raise $462m after poor summer
Norse Atlantic Airways has confirmed plans to lease out nearly half its fleet in an effort to raise more than $450 million ahead of the winter season
ILTM Cannes 2024 will be ‘biggest to date’ with record numbers
The luxury travel tradeshow anticipates its 2024 edition to be its biggest yet.