Fear of the future of British travel agencies

According to a new report from the Advantage Travel Partnership, 61 percent of travel agents will run out of money later this year.

The travel agency consortium released the results after Britain launched a second blockade effectively banning overseas and outback travel.

The results are clear about how difficult this situation is for the travel agency business and the broader prospects for the tourism industry.

If the general travel ban, quarantine measures and lack of testing persist, another 27% will run out of money in the first half of next year, and 88% of agencies will run out of money before June.

That means – in a somewhat hypothetical situation, only 12 percent of travel agents will be working next summer.

Julia Lo Bue-Said, CEO of the Advantage Travel Partnership, said, “When will the government wake up and see the industry crumble before them?

“These results are very worrying, but unfortunately they lead to many companies in the tourism industry.

“We need a strategy to get out of our government and show how we’re going to move forward.

“Hospitality and retail must ensure they are protected against Covid-19 when it reopens this summer, and travel needs the same thing – we have to have a stable testing system and cut quarantine time to give us time.” chance to survive this crisis. “

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Destinations you can still visit without isolating yourself when you return

Tourists are currently able to travel to a certain number of countries without self-isolating.

Recent changes to the state’s list of travel corridors on Sunday expanded the exemptions to include the Canary Islands, Denmark, the Maldives and Mykonos.

This means anyone returning to the UK from these locations after 4 a.m. on October 25 will not need to self-isolate unless they have transited in another country that has not been released.

Countries that were recently removed from the Safe Travel List include Italy, San Marino and the Vatican.

Those returning to the UK from these places after 4 a.m. on October 18 must self-isolate now.

Destinations that people from the UK can visit without being quarantined on arrival or return are limited to a few.

The following are places to travel from the UK on arrival or return without quarantine:

Greece (including Mykonos from 4am on Sunday 25 October)
If you come to the UK from Mykonos before 4am on October 25th, you will need to self-isolate.

If you came to England from Crete before 4 a.m. on October 18, you will need to self-isolate.

Canary Islands (from 4am on Sunday 25 October)
If you came to the UK from the Canary Islands before 4 a.m. on October 25, you will need to self-isolate.

Germany – If you are not from or have recently visited a “high risk” part of the UK. These include North West England, Northeast England, Yorkshire and Humber, Wales, Northern Ireland and Scotland
Gibraltar
Sweden
Maldives – If you came to the UK from the Maldives before 4 a.m. on October 25, separate yourself. Tourists coming to the Maldives from the UK must take a personal Covid test at least 96 hours before departure
Madeira and Azores – If you are unable to provide evidence of a recent negative test, you will be tested on arrival and will need to be quarantined until the results return
The following is a complete list of locations currently on the travel corridor list:

Akrotiri and Dhekelia
Anguilla
Antigua and Barbuda
Australia
The Azores
Barbados
Bermuda
British Antarctic Territory
British Indian Ocean Territory
British Virgin Islands
Brunei
Walnut Island
Cayman island
Channel Islands
Cuba
Cyprus
Denmark
Dominica
Estonia
Falkland Islands
Faroe Islands
Fiji
Finland
Gibraltar
German
Greece (including Lesbos, Santorini, Serifos, Tinos and Zakynthos)
If you come to the UK from Mykonos before 4am on October 25th, you will need to self-isolate
If you came to the UK from Crete before 4 a.m. on 18 October 2020, you will need to self-isolate
Pasture land
Grenada
Hong Kong

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Top 10 travel destinations in the world

  1. Petra, Jordan

This terrestrial Atlantis, an ancient hardstone desert city, was once home to the Nabataeans, an AD civilization that specialized in stone temples and monumental tombs. Guests arrive through a narrow, dim, 1.2 km long canyon called the Siq, which suddenly opens to reveal the enormous Khazneh, a 40-meter-high treasury perched on top of a pillar. The rocks are attractive, the scale is impressive, and film fans can see many locations from Indiana Jones 3.

  1. Galapagos Islands, Ecuador

Owned by Ecuador but cooped up in the East Pacific, the islands that inspired Charles Darwin are as unique as ever. The so-called “Evolution Laboratory” where iguanas still bask on the jagged rocky beaches, sharks and turtles are still present at every session, and the famous Galapagos turtles still fight among the island’s grassy scrub. The ecosystem is fragile and tourism is tightly controlled, which makes it even more attractive.

  1. Uluru-Kata Tuta National Park, Australia

Deep in the reds of Australia, the monolith, formerly known as Ayer’s Rock, rises above the desert, surrounded by an endless sea of ​​sand. The rock was permanently closed for climbing last year after years of campaigning by Anangu residents who believe that the spirits of their ancestors were found inside the rock. Perhaps the rock’s most prominent feature is that two thirds of it is mostly underground.

  1. Delta Okavango, Botswana

Uluru and Petra are top of the list, but we will assume you are less familiar with the fourth option – the swamps in Botswana on the Okavango River. This stunning desert, swollen every year by the flood waters of the Angolan mountains, is one of the world’s most underrated safaris that you can enjoy from the prow of a motorboat or from an engraved canoe. Lions, rhinos, elephants, zebras and buffalo roam the endless delta islands, while local leopards have adapted to their habitats by learning to hunt giant catfish. Visits are strictly regulated to protect flora and fauna. Book in advance.

  1. Yellowstone National Park, USA

A center of geothermal activity in three states and 8,991 square kilometers, Yellowstone was designated the world’s first national park in 1872 and remains one of its most impressive. Attacking all the senses, the smell of sulfur filled the nostrils and a bubbling gust of geyser filled the air. The wildlife here is large, healthy, and mostly brown – from crocheted buffalo to elk, clumsy grizzly bears to wandering wolves.

  1. Lake Bled, Slovenia

This original postcard is the only European entry to break into the top 10. It has a castle on one bank, the president’s house on the other, and a pretty little white brick church on an island in between. A constant stream of tourists can cross the 6 km long coast, ride a gondola or take a leisurely swim, surrounded by pine trees and the peaks of the Slovenian Alps. Everyone will enjoy the panoramic view twice – once with the lake view and once on the neat mirror surface.

  1. Iguazu Falls, Argentina-Brazil

You’ve heard of Angel and Niagara Falls, but maybe you’ve never come across this giant waterfall on the Argentina-Brazil border. As the largest waterfall system in the world, you can hear the thunder floods long before you see it and a thin mist of moisture fills the air. It is not easy to get to, but fearless travelers will be rewarded with howling monkeys, hoarse parrots, and wildly uncontrollable forests.

  1. Angkor Temple, Cambodia

Angkor Wat, the crown jewel in a series of temples and shrines with more than 1,000 inhabitants, has a notorious reputation for having a large moat that leads to a 55-meter central tower surrounded by lush Cambodian jungle on all sides. obtained. Most guides recommend visiting at sunrise, as morning light falls over the complex, illuminating the intricate carvings and reliefs with bright orange light.

  1. Salar de Uyuni, Bolivia

Part natural wonder, part optical illusion, part perfect plane. The crystal-clear surface of these Bolivian salt flats looks like a post-apocalyptic desert crack during the dry season, unlike anything else in Mad Max. After the rain, a thin layer of water turns the apartment into a perfect glass mirror that blends salt and sky into the illusion of a cloudy blue. Take note of where the horizon is prior to your visit as you may not be able to see it while you’re there.

  1. Annapurna Circuit, Nepal

If you’re looking for a relaxing beach getaway, you’ve come to the wrong place – the Annapurna Circuit is a hard work destination. Epic transitions around Nepal’s Himalayas – from rice fields at the foot of mountains to snow-capped Thorong La Pass – climate change from tropical to arctic and culture from Hinduism to Tibet. However, their grafts feature some of the greatest views in the world and mountain huts serving hot tea which tastes better because it’s hard to come by.

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I am ready to move on for travel

Every investment trip has an end goal. Harold de Vries has two things: the first is to provide an early and comfortable retirement, and the second is to provide a solid financial foundation for his two young children.
Harold, who lives in Middlesex with his fiancé, made his first investment after the financial crisis when he invested in banks and construction companies. “At that time, I didn’t know what details to look for in evaluating investment opportunities,” he said. “But it seems clear to me that the market has fallen and there is potential.”
Despite these initial experiments, Harold wasn’t really interested in investing until 2015. “I’ve used my spare time to learn about investing from people like Warren Buffett and Monish Pabria, as well as researching deals,” he said.
Harold, who works in marketing, tries to regularly invest in Isa and his personal retirement (Sipp). She also runs several Junior Isa for her children, in which she invests money each month.
Across these various accounts, Harold’s funds are divided between low-cost index tracking funds and individual company stocks. It uses an index fund to distribute its money to various regions and has products that track the FTSE 100 in the UK, the S&P 500 in the US, and several indexes in China and emerging markets.
My technical success
With regard to individual assignments, Harold conducted a “comprehensive analysis” before making any decisions. “And I only invest if I think the price is worth its value,” he added. Although experts advise against trying to tell the timing of the market, Harold has been quite successful in securing stocks at the right time. For example, he bought a stake in Facebook (FB) after its share price dropped following the Cambridge Analytica scandal in which data from multiple Facebook users was collected by the technology company and used to target political advertising.
However, business has recovered and Facebook’s stock has increased, and Harold has earned a 100% return on his investment so far. Facebook was rated three stars by Morningstar analysts. With that, Facebook estimates its position as the largest social network in the world with 2.5 billion monthly active users.
Morningstar said, “While data usage is being monitored across multiple markets, we are confident that many Facebook audiences will still attract dollars from advertising. Facebook’s average ad sales growth per user shows the willingness of advertisers to pay more for Facebook placement. on the high investment of targeted advertising. “”
Buying when the stock price is falling is one of the tactics Harold uses to buy other technology stocks. It bought stakes in Cirrus Logic (CRU) and Qualcomm (QCOM) when markets collapsed in early 2020 in response to the coronavirus pandemic and the ensuing economic blockade.
“I hope both companies will benefit from the 5G rollout,” said Harold. “I think this is a long term game in my portfolio but they have increased by more than 50%.”
Harold is also slowly building investment in the tourism sector which was devastated by the Covid-19 crisis. He owns stakes in Tui (TUI) and easyJet (EZJ), which he believes will eventually recover – although he admits it will take patience to complete this investment.
Learn from past mistakes
Of course, not all of Harold’s investments are in positive territory. Homeowner Taylor Wimpy (TW) fell slightly but hopes UK housing shortages and low debt levels will prove good: “I think this company is undervaluing it and we hope it will be good in the long term. The investment plan.” “
In recent years, Harold has learned some important lessons about investing. “One of the major disasters I’ve had was my investment in NMC Health, which fell apart earlier this year,” he said. “I didn’t want to sell at a loss despite the accumulation of bad news, so I lost 100% of my investment.”
Harold bought a stake in the United Arab Emirates healthcare chain in 2018 when the stock fell 50% from its high. “But I never really analyzed the business – I relied too much on information from other sources – and I didn’t understand the business well enough to understand the risks.”
The disadvantages taught Harold to do more research for himself and only invest in companies in countries with strong governance. He added, “Now I focus solely on investing in the company and sharing what I understand and what I underestimate.”

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