End of Furlough Presents Balancing Act for UK Travel Firms

With the UK’s furlough scheme set to end this month, GlobalData notes that travel companies will be forced to cut costs in order to survive the winter. Gus Gardner, Associate Travel and Tourism Analyst at GlobalData, warns that such measures may well include redundancies.

Gloomy Picture for Business Travel, but a Small Ray of Hope – STR

With summer ending and the much-needed leisure travel surge waning, much of the industry’s attention and focus shifts to business travel. For true recovery to occur, the travel and hospitality industry needs to see business travel return to pre-pandemic levels. Unfortunately, the prospects for such a return do not appear good at the moment.