BUSINESS NEWS


Mark Tanzer: ‘Not every member wants all our services, but all our services are wanted by some members [and] that is a challenge’


Abta to review services and subs after 2021 loss


Tanzer says association ‘will look to recalibrate subscriptions’. Ian Taylor reports


Abta will review its subscriptions for 2022-23 after reporting a loss of almost £15.3 million for the 12 months to June last year. The loss on trade association


activity was only £2.5 million, with the shortfall due to Cruise & Maritime Voyages’ costly failure in July 2020. However, a reduction in services


appears inevitable given the financial difficulties of members, with at least one senior industry figure suggesting Abta should cut costs “dramatically”. Abta chief executive Mark Tanzer


56 13 JANUARY 2022


acknowledged: “We need a sensible level of subscriptions in the short and medium term and need to cut our cloth accordingly. We’ll look at our budgets and subscriptions for the financial year from July.” He told Travel Weekly: “I hope we


can maintain what we do. We have around 100 staff but some very small teams – some of just two people. We couldn’t deliver some services with one person. “Not every member wants all


our services, but all our services are


wanted by some members [and] that is a challenge.” Tanzer noted: “Historically,


subscriptions have been based on turnover and different band rates. If we apply the same model there won’t be any subscriptions. So the board will look to recalibrate subscriptions as we go into the 2022-23 financial year. We can’t continue to run at a loss.” However, leading industry


Continued on page 54 travelweekly.co.uk


BUSINESSNEWS


PICTURE: Arif Gardner


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64