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Multiples offer 25% off to stimulate demand


DISCOUNTS on summer 2000 holidays were expected to rise to 25% over the weekend as the market improved but continued to show a heavy year-on-year decline.



As Travel Weekly went to press, multiples were on the verge of hiking the headline offer to stimulate bookings even further as the market showed a 20%-25% year-on-year fall.



Thomas Cook retail managing director Andrew Windsor said:”A further increase would not be surprising.”



Industry observers said only the packaging, not the real price of holidays, would change.



Going Places, which ditched its ‘mega-sale’ message in favour of a specified 20% headline discount, was down around 25% post Christmas with Lunn Poly down 12%, Thomas Cook down 14% and Co-op Travelcare down 7%.



All four major operators were showing year-on-year decreases with JMCdown 35%, Airtours 30%, Thomson 30%, and First Choice 27%. Unijet and Cosmos were both up 10%.



n Lunn Poly forces Going Places to drop advert See back page


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