I noticed that many travel companies are unprofitable lately. Why is that?

There are 3 answers
naina
naina
Answered on November 17, 2014 23:08
People do not have money, nobody wants to go on vacation, so it becomes unprofitable for travel companies to work. Moreover, the competition in this industry is very high. Only large companies survive, and this is due to the huge flow of customers. Recently, many people prefer to relax on last minute trips, that is, discounted several times. The tour operator orders hotel rooms, pays, and then no one buys them. We have to greatly underestimate the cost in order to return at least some part of the funds. And with the latest events (the ruin of several firms), it’s still unclean. I will not argue - there is no evidence - but it is very well closed.
Best
Marina Yakovleva
Marina Yakovleva
Answered on November 17, 2014 23:38
Because people have no money for overseas holidays, this is obvious.

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