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2008 will be a ‘challenge’ for travel industry
The travel industry faces a challenging year in 2008, according to ABTA president Justin Fleming.
Making his closing remarks at the end of the Travel Convention in Tenerife, he said: “2008 will indeed be a challenge, not only for our industry but many others as well.”
Fleming pointed to the banking crisis and house price slump as having an impact next year.
“Consumer confidence is so fragile, it can go one way of the other and it can have a very big effect on our industry,” he said.
He talked up the success of the re-named and revamped convention, saying: “We promised the Travel Convention would be different and I believe that’s what we delivered.”
Fleming highlighted the networking opportunities the new format of the convention offered as being one of its key attributes.
He added that ABTA itself had moved on from being at a crossroads this time last year to being “still alive and well and very strong”.
by Phil Davies
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