Skip to main content

Economy

Abta chief urges next government not to price out travellers with green measures
Abta chief executive Mark Tanzer has spelt out what he thinks the incoming government should do for the travel industry, warning net zero requirements must not penalise ordinary consumers
Summer 2024 'sold well' despite late booking trend and cost worries
A TTG Agenda 2024 panel agreed the summer had so far sold well, but a section of the market is holding back due to financial concerns
Consumer sentiment on the up, but holiday cost remains an issue – PwC
PwC survey reveals optimism among consumers about the economy, but some are holding back on booking travel citing cost and concern about household finances
Travel job placements plummet in May despite increase in candidates
New monthly data from C&M Travel Recruitment reveals the number of candidates searching for travel jobs increased in May to its highest level for six months
Liberal Democrats vow to shift flight tax burden onto frequent flyers
Party unveils aims to reduce the climate impact of flying in general election manifesto
Why travel must learn to tell its story better: eight takeaways from the ITT conference
Hundreds of current and future travel leaders took on some of the weightiest issues facing the industry this week at the 2024 ITT conference; James Chapple reports
Party manifestos – what should we expect for travel?
Abta’s Luke Petherbridge outlines what the travel industry should expect - or not - from party manifestos forming the state of play for the upcoming general election
Julia Lo Bue-Said: 'We need £200k to get govt to recognise travel as an economic sector'
Advantage Travel Partnership chief calls for travel to band together to fund a lobbying ’war-chest’ to ’drive policy engagement through what may be a change of government’
Spending on travel agents remains a priority despite challenging month - Barclays
Travel remained a priority for Brits in May despite the majority feeling the pinch of rising household bills, Barclays said
Aviation growth could unlock billions in wasted economic potential – study
New research commissioned by Manchester Airports Group suggests greater government support for aviation could unlock more than £10 billion in economic value
Advantage confident package travel and Atol reforms will deliver better rules
Variable Atol protection contribution likely but proposed new rules around segregation of client monies likely to be ’watered down’ says Advantage chief operating officer Paul Nunn
Advantage fixes sights on being the 'voice of authority' for agents
Chief executive Julia Lo Bue-Said tells Advantage conference delegates her consortium will continue to champion agents as being uniquely placed to help travellers navigate an ’increasingly complex’ world
Advantage chief: 'Travel must come together behind a single aim'
‘During Covid, many industry leaders talked about never wanting to be in the same position again should there be another crisis – so where are we now, and what have we learned?’ asks Julia Lo Bue-Said
Travel poised for continuous growth despite economic and political challenges
Delegates at the Barclays Travel Forum were told travel had a great 2023, with 2024 set to be even better
Overseas holidays 'outshining' staycations as consumer confidence 'picks up' – Barclays
Travel agencies enjoyed strong sales in April as bad weather fuelled bookings
'We've moved the dial on youth mobility – it's vital to travel's future talent pipeline'
Any failure by the UK government to negotiate a youth mobility framework with the EU risks turning off the industry’s future talent pipeline, Abta’s director of public affairs Luke Petherbridge writes for TTG
Airlines charging ‘quite stunning levels of pricing’ post-pandemic
Airlines are charging very steep fares on the back of high demand and reduced capacity, says leading industry consultant, with passengers willing to pay them
Family holiday prices ‘stabilising’ despite ongoing economic uncertainty
Biggest year-on-year fall in prices was in Spain’s Costa Dorada, while the biggest year-on-year increase also came in Spain along the Costa del Sol
Travel remains top consumer spending priority heading into spring – Barclays
Spending on travel grew by 7.8% year-on-year in March according to new data from Barclays, placing it ahead of all other areas of non-essential spending
Travel ‘on the brink of its most transformative era yet’ – WTTC
The World Travel & Tourism Council (WTTC) is projecting a record-breaking year for the travel and tourism sector
Is 2024 the year to sell your business?
After the unprecedented Covid upheaval gave rise to a stellar 2023, has there ever been a better time to sell up disappear off into the sunset? Gary Noakes assesses the M&A landscape in travel
Heathrow predicts busiest-ever year after record February
Some 5.8 million people travelled through Heathrow last month, including more than two million during half-term
Budget 2024: everything agents need to know
Chancellor Jeremy Hunt raises premium Air Passenger Duty rate but cuts National Insurance contributions
Abta: Jury out on whether Budget will create a new 'feelgood factor'
Chief executive Mark Tanzer said that while travel and tourism had flourished in recent years despite the tough economic environment, it remained to be seen whether the chancellor’s tinkering would have a positive impact for travel