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Travel firms prepare for fierce battle

Travel firms are preparing for a fierce battle in a bid to secure growth over the next five years, it was predicted at the World Travel Market (WTM) Vision Conference-London.

UK travel firms must radically change business models to survive 2012

Britain's travel industry faces a tough 2012 after a year that saw 24 registered tour operators fail and one of the big two operators, Thomas Cook, require an emergency bail-out from its banks.

TUI chief: Reasonable chance small travel companies will not survive

The chief executive of Tui Travel, owner of Thomson holidays, has warned that more small travel firms are likely to collapse into administration, as the tour operator unveiled a jump in third-quarter

India eyeing growing gay tourism market

New Delhi, India - Having visited countries they find safe and fun, foreign gay travelers are increasingly touring India to get an experience of this varied and beautiful travel destination, thanks to

Travel industry urged to focus on domestic market

ILOILO CITY, Philippines — The Department of Tourism (DoT) is urging travel operators and tourism industry players to focus on boosting domestic tourism to offset losses from an expected decline in

Travel industry turns to laid off workers

NEW YORK - US travel companies are hopping on a marketing bandwagon, offering deals to laid off workers to keep a decidedly anxious group of customers traveling.

XL collapse sparks more travel firm failures

Respect Holidays and Wildwind holidays have ceased trading as travel companies continue to feel the pressure from the credit crunch and the fall-out from the collapse of XL earlier this month.