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Travel sector is one of hardest hit in retail

Wednesday, 28 October 20093 min read

More travel agencies and tour operators have closed than most other retailers on the high street this year, according to a new survey.

Retail and leisure data aggregator The Local Data Company studied a quarter of a million businesses up and down the country and discovered that in 2009 10% of them shut down.

During that period, 13.2% of travel agencies and tour operators in the study closed. The survey does not show how many travel companies in total were part of the survey.

Only clothing and gift shops fared worse.
Dinah Hatch