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