Company Clinic – Travel
The travel industry is a significant contributor to the UK economy, with a GVA per annum of £68bn. However, with an average H-score of 42, well below the norm for the UK economy, the industry is under threat. Constant downward price pressures and rising cost pressures are leading to many company insolvencies.
In this latest Company Clinic – Travel, Jo Kettner, CEO of Company Watch and Nick Hood delve into the changing consumer habits that are affecting the industry today and what this means for the financial health of those companies involved with the travel supply chain.