BUSINESS NEWS


Abta chief executive Mark


Tanzer (right), with conference moderator Jonathan Samuels


‘Travel resilient despite UK’s misfiring economy’


The Travel Convention 2025: Analysis of Abta event in Majorca by Ian Taylor Professor Menon addressed the


Abta’s choice of ‘Reasons to Be Cheerful’ as the theme for last week’s Travel Convention worked better than might have been expected. It allowed chief executive Mark


Tanzer and keynote speaker Professor Anand Menon to discuss the challenges that make the resilience of the sector all the more remarkable. Tanzer made the point – or it was


made on his behalf by moderator Jonathan Samuels – that when times are good people want to travel and when times are bad they need to travel.


48 16 OCTOBER 2025 This is true, but with the proviso


that people still need the money or credit to travel. Hence, why the economic outlook and the confidence people have in their finances are key – and here there is a contradiction. Surveys indicate a significant proportion assess the economic outlook as dire yet their personal finances as not. Tanzer cited the need to get the


“anaemic” UK economy moving, along with the challenge of climate change and growing awareness of overtourism.


challenges even more directly, arguing “if you’re serious about solving the problems you face, you have to be realistic”, while noting: “Nothing I say does not apply to other developed economies, and at least we’re not France.” He argued an “increasingly


uncertain world” – one exacerbated by Donald Trump and in which “states are more prepared to fight”


Continued on page 46 travelweekly.co.uk


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PICTURE: AGS Photography/Steve Pearcy


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