Travel, transport, tourism & leisure

The travel industry is a fast changing arena with a unique set of challenges. In recent years there have been huge increases in the number of holiday-makers booking on-line rather than through a traditional high street travel agent. This has lead to significant industry debates around “Principal vs Agent”, what constitutes “packaging”, the impact of the applicability of the Tour Operators Margin Scheme (“TOMS”) and the effect on the sectors regulators and regulatory regimes.

These issues combined with the current economic backdrop of a global recession, volatile fuel prices, significant job losses and the weakness of Sterling provided travel executives with an unprecedented number of challenges.

Our team of industry specialists has the depth and breadth of experience to help you meet the challenges ahead and maximise the opportunities for growth.