"Drastic action can save struggling travel firms" was a headline in this week's Travel Industry press. The report was based on some research carried out by Plimsoll Publishing that out of the 1000 top travel firms, 213 are at high risk of failure. It continued with some actions those companies should be thinking of taking to avoid failure.
Travel firms continue to fail. Just last month, three firms failed in February 2009 leaving over 5000 travellers either without a holiday or stranded abroad.
The average traveller can be forgiven for letting the pain and anguish of a failure fade into distant memeory, but particulary for those who lost either their holidays or money - or in some cases both - the memory remains strong and somewhat painful.
Travel firms continue to fail. Just last month, three firms failed in February 2009 leaving over 5000 travellers either without a holiday or stranded abroad.
The average traveller can be forgiven for letting the pain and anguish of a failure fade into distant memeory, but particulary for those who lost either their holidays or money - or in some cases both - the memory remains strong and somewhat painful.
Amro Worldwide holds ATOL5826 which fully protects any flight included holiday package which we sell. Unlike some companies, our ATOL is a real ATOL - it can be checked on the CAA website. It's not just a logo used to entice your booking and give confidence but provides real protection. So when buying your next holiday, do check that the ATOL protection information you are told about really does exist.
