Consultancy predicts around half of tour operators to cease business

Around half of the estimated 1,000 currently operating Czech travel agencies will cease over the next three to five years according to a forecast by specialist travel business agency, Mag Consulting. It predicts that competition on the local market will get a lot tougher with large, established European travel firms entering the market. Four Czech travel agencies have collapsed this year, including one of the biggest, Tomi Tour.

Author: Chris Johnstone