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Travel Agents & Overseas Tour Operators Market Update 2014

  • March 2014
  • -
  • Key Note Publications Ltd

Summary

Table of Contents

Executive Summary

The UK market for travel and tourism was hit particularly hard by the 2008/2009 recession and subsequent economic downturn, with financial pressures and significant uncertainty about the health of the global economy resulting in declining consumer expenditure across the majority of UK industries. However, the market has more recently shown signs of improvement and growth, buoyed by an improving economy, low inflation, falling unemployment and rising household expenditure.

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