Buyers market like never before, writes Calder - TravelMole


Buyers market like never before, writes Calder

Friday, 25 Apr, 2003 0

UK: Travel editor says there are two beneficiaries in current crisis

The current state of play in the holiday industry has created a “buyers market as never before”, according to The Independent travel editor Simon Calder.

The editor and travel pundit, writing in today’s edition of the newspaper, highlights the key factors affecting the industry, concluding that there are two beneficiaries; the traveller and the domestic holiday industry. Following the news that Cathay Pacific has been operating with steadily-falling passenger numbers, Calder predicts that there will be other casualties – especially now that Toronto has been added to the WHO “blacklist”.

He writes: “Traffic to and from Air Canada’s biggest market is certain to fall, plunging the airline into more gloom. The repercussions will be felt by everyone (in the city) from taxi drivers to restaurateurs.”

Even among no-frills carriers, Calder argues, the market is slipping. While there were plenty of travellers heading from Stansted to European destinations, fares continue to fall: “My lunchtime flight to Kerry was 82 per cent full but cost only £20. Ryanair’s cost structure allows it to absorb a fall in average yields but some other European airlines cannot.”



 



Most Read

Walt Leger on New Orleans’ Resilience and Major Events Ahead

Cindy Mackin Shares Estes Park’s Winter Thrills

Mark Jaronski of Explore Georgia on FIFA World Cup 2026

Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange

North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism

Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns

James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel

Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination

Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics

Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari