PICTURE: ISTOCK
NEWS FEATURE
In a year that was
dominated by the
recession, the industry
felt the effects too. The
summer 2009 market
closed down by 10% and
although capacity cuts by the big
two helped alleviate the pain, a
number of travel industry
companies collapsed including
Freedom Direct, Harvey World
Travel and Holiday Options.
12 | Travel Weekly Active | December 18 2009
THE MAIN
EVENT
2009
A lot can happen in 12 months. Here, we look
back at some of the year’s pivotal moments.
Edward Ed d RRobertson b t reports t
PricewaterhouseCoopers
director Ian Oakley-Smith said last
month that the number of travel
company insolvencies was up 13%
on the previous year, and warned
the situation would get worse as
the weakened pound continues to
put consumers off visiting many
overseas destinations.
Here are some of the other
events that helped shape the
travel industry in 2009.
THE GLOBE TRAVEL AWARDS
January: The 2009 Globe Travel
Awards set a new record with
52,500 votes cast by travel agents
and consumers. The night
proved just as successful with
1,200 guests gathering at the
Grosvenor House Hotel, where
comedian Michael McIntyre
presented the 48 awards, while
soul band Rose Royce provided
the entertainment.
www.travelweekly.co.uk
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