Three British Travel Agencies Go Under

by Jessica MCILHINNEY on August 31, 2009

In the first six months of 2009 over 27 travel companies in the United Kingdom have gone out of business, a number that is not good news for the struggling travel industry.  This number is already higher than the closings from all of 2008.  Concerns over the H1N1 virus and the global economy have kept many from traveling over the last year, which has meant tough times for the travel industry at large.  With three more insolvencies added to the growing list, many within the industry are concerned about the future of travel in the United Kingdom.

Windsor and Neate closed their doors last week and were quickly joined by Cambuslang Travel from Glasgow, and Package Holidays, which is headquartered in Leeds.  Customers who are currently on package holidays with one of these companies will not be affected by the closures, but those who have future travel booked will need to contact the companies directly for more details.

The Association of British Travel Agencies is handling the oversight of the industry and continues to remain optimistic, even with the increase in closures.  Sean Tipton, a spokesman for the Association said, “The number of insolvencies is slightly above average. But that is to be expected during a recession.”

With some countries starting to pull out of the recession, many in the industry hope the future will be much brighter.

The above quote comes from the Telegraph.  For more information please visit their website.

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