Tour Operators News
BREAKING NEWS: collapse of Europe’s third largest tour operator FTI
Morgann Lesné from travel M&A investment bank Cambon Partners comments: “Most considered FTI too big to fail and therefore would not have seen this coming today. Right now a lot of those B2B suppliers will be urgently confirming their exposure and legal situation – they can guess, but it might take days to work through to an absolute figure.
EFFICIENT MANAGEMENT OF RESERVATIONS AND PAYMENT
Good news for tour operators and booking platforms: dealing with different currencies and cross-border payments has now become much easier thanks to digitalisation.