Travel industry fears Covid-19 crisis will cause more holiday companies to collapse

End of furlough scheme, government U-turns and ongoing slump in overseas bookings will see more tourism businesses fail

The travel sector is bracing itself for the collapse of yet more holiday companies as businesses continue to struggle to meet the challenges of the Covid-19 crisis.

Several longstanding travel companies have failed during the pandemic, among them touring company Shearings in May and round-the-world ticket specialist STA in August. On Monday, Cities Direct ceased trading. It had been operating for 20 years.

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