Travel Industry is One of the Worst Hit Due to Covid

New data from the Office of National Statistics shows that the travel industry is one of the worst hit industries due to Covid-19

New data from the Office of National Statistics shows that the travel industry is one of the worst hit industries due to Covid-19 with the research showing that travel agents and tour operators lost 90% of their business during October 2020 compared to February 2020.

ABTA said it was the worst of any services sector and further illustrated the need for financial support.

Chief Executive Mark Tanzer said: “While the recent developments around a vaccine and test to release have provided a boost to consumer confidence, with more enquiries and interest in booking holidays for next summer and into 2022, the start of 2021 will still be very challenging for the industry.

“All of the travel industry is struggling, but for some parts, like ski and long-haul operators, the coming months will be even more difficult.

“Nine months into this crisis, and with the ONS now clearly showing we’ve been the hardest hit service sector in the UK, travel businesses need help to get through the difficult months ahead.

“The Government also needs to ease its travel advice, allowing people to travel more freely. Yesterday the Scottish Government led the way by introducing specific funding for the travel industry – the UK Government, as well as those in Wales and Northern Ireland, needs to follow suit.”

ABTA has been arguing for tailored financial support throughout the crisis.

Meanwhile, the Scottish Government finally confirmed tailored support this week for the Scottish travel industry.

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