Tudor Court Hotel News Section

TTA Worldchoice has reported a sudden end to a period of double-digit passenger growth, following the ash cloud crisis.

The autonomous agency group’s Managing Director, Simon Hargreaves reported that the travel industry witnessed a steep decline in passenger volume after the six-day flight ban that followed the ash cloud interference in April. Prior to this, the industry was seeing a year-on-year increase of more than 20% in the last five consecutive months. For an industry that was on the path of steady growth, this sudden dip came as a rude shock.

Higher booking prices, better performing high end market and a struggling family and mass market are the trends that mark the travel industry currently. Hargreaves however believes that the family market would help rally the industry out of its current downturn. According to Hargreaves, the quality of family products on offer coupled with the readiness of families to take two holidays a year will help bolster this market. He urged the agents to push families into taking multiple trips.

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This entry was posted on Friday, May 21st, 2010 at 6:46 am and is filed under Business Travel. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.