p2 nov7 5/11/08 20:54 Page 2
At TTG, it’s our duty
to report the facts –
news
even if it is bad news
I RECEIVED a really upbeat letter this week from
On Holiday Group sales director Brian Young, urging
travel not to succumb to “negative reinforcement”
in the economic downturn.
Instead of focusing on the negatives and ensuring
all the doom and gloom predictions come true, he
says travel should promote itself harder than ever.
The big players should run heavyweight TV
this week
campaigns, shops should place inspirational
messages in windows and everyone should hit data-
bases hard with relevant communications, he said.
Brian believes that if we all reinforce in our minds
that it’s going to be bad, then it will be. But if we take
steps now to respond positively to the situation, then
we stand a better chance of having a decent 2009.
His outburst – you can read the full letter on
Celebrity Solstice sails into Florida
ttglive.com – was triggered by the depressing news of Celebrity Cruises’ new Solstice ship arrived in Fort Lauderdale, Florida, this
late about the credit crunch, collapses and miserable week ahead of its official naming and inaugural cruise on November 23.
outlook, much of it covered in TTG, of course. Meanwhile, Carnival UK chief executive David Dingle has explained why he
Unfortunately, while I agree the media should not decided to phase out informal budget brand Ocean Village p14
scaremonger unjustifiably, it is our job to reflect the
reality of what is happening.
I was personally berated earlier in the year by one New job. Advantage.
agent, furious about a story we ran suggesting XL boss back at Cook p4 Agencies swap staff p12
economic factors were conspiring to create the Steve Barrass, the former director Two Advantage travel agents from
“perfect storm”. of failed XL Leisure Group, has Bradford will stage their own
He said anyone reading it would have felt like returned to Thomas Cook and agent version of Wife Swap when
committing suicide, and branded us “irresponsible” taken up the role of director of they run each other’s businesses
for reporting such predictions. His view was that its Direct Holidays brand for a day later this month
TTG should simply talk up travel.
But since then, events in the world economy have Online. WTM.
borne out that article’s projections and brought it Travelzest outsource deal p6 Event preview and news p16
home just how difficult a period we are now in. More companies with loss-making Delegates at next week’s WTM
Barely a trade event goes by now without websites are expected to outsource will hear how bed banks are
someone offering advice on how to weather their operations after Travelzest tipped to increasingly target
the economic storm that experts fear will be and On Holiday Group agreed a deal consumers directly as more
with us for at least another year. for
holiday.co.uk and
flight.co.uk holidaymakers seek bargains
So TTG will continue to report the facts – in the downturn
and inevitably that might not always be Acquisitions.
good news. Alpha snaps up two firms p9 City & finance.
But we will report it in a way Alpha Consolidations, the Steven Credit insurance woes p20
that serves to alert, educate and and Tony Freudmann-backed Travel has been warned that the
advise you on the best way travel industry investment vehicle, credit industry is likely to consider
through the downturn. has bought Austria Travel and the sector a high risk for some
Armed with accurate Travel Club of Upminster time to come as the credit squeeze
information and insightful analysis, continues to bite
and the positive attitude that Brian DIY.
advocates, there should be no Counsellors change tack p10 SECTORS.
chance of “negative reinforcement”. A survey has found a greater focus Cruise p28
on dynamic packaging has helped Operators p32
Travel Counsellors agents to grow Hotels & resorts p38
Lucy Huxley Editor their business in 2008, and 80% Air p42
claim to be optimistic about 2009 Business travel p46
02 07.11.2008
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108