11/06/2002

'Robust bookings' indicate UK tourism recovery

UK tour operator First Choice has reported "robust bookings" in the six months to 30 April and said they showed that the UK tourism industry was on its way to recovery.

The firm said they had benefited from prudent planning for the summer, and that it had resisted any temptation to be over optimistic about trading conditions.

However, despite its optimism, losses for the firm over the six months grew to £59.8 million from £46.1 million for the previous half year.

First Choice chief executive Peter Long said his company continued to see a robust level of bookings and fewer holidays left to sell than this time last year.

The company had cut 1,100 jobs as the industry suffered in the wake of the September 11 attacks in the United States last year.

(MB)

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