News

BRC retail predictions boost travel industry confidence – 11 Jan 2007

New British Retail Consortium figures have left the UK retail industry confident of a strong 2007 – with the travel sector among the most positive.

The BRC’s sales figures for December, released this week, show a 2.5% year-on-year increase, with the BRC predicting positive January figures based on a strong final week of 2006.

Meanwhile, a Barclarycard Business survey showed travel retailers are the third most confident sector with 37% predicting a good 2007. Only wholesale and recreation, culture and sport are more confident with figures of 42% and 38% respectively.

However, the outlook for online travel providers is less clear. Web analysts Hitwise said post-Christmas hits are up 123% for online agencies and 51% for airlines, compared to two weeks before Christmas, although year-on-year comparisons are less positive with January visitor numbers down 17% for online agencies and 11% for airlines.


Share article

View Comments

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.