Travel Leisure and Tourism 

The travel, leisure and tourism sector has been experiencing a tough ride lately.  Vulnerable to the economic cycle, many companies are finding themselves looking for innovative ways of attracting new customers and increasing profit.  So, how do they retain and increase their profit margins and meet regulatory and shareholder demands, without compromising on the customer experience?

Beach
Whether you are in the pub and restaurant trade, travel or gaming sector, KPMG's team of industry specialists can challenge your approach and help you find ways to overcome common challenges including tax, debt restructuring, transactions and audit.

Contact

Contact

Richard Hathaway

 

Partner
KPMG UK LLP

 

020 7311 3257 richard.hathaway@kpmg.co.uk

As the flying ban is finally lifted, the impact of the recent disruption on the travel industry is likely to continue for some time. Some airlines, especially those with a small footprint, will have become financially stressed.   The high fixed cost nature of the airline industry means significant decreases in revenue have an immediate impact on financial viability, especially cash flow.

 

 

Cash-strapped Governments around the world may consider relaxing current online gaming  rules and restrictions in order to provide a much needed boost to tax revenues according to a new KPMG International report: 'Online Gaming: A Gamble or a Sure Bet?'

Coffer Peach Business Tracker

Coffer Peach Business Tracker

 

Each month, Richard Hathaway, head of the travel, leisure and tourism sector at KPMG in the UK, comments on what the latest figures for the Coffer Business Tracker mean for the restaurant and pub sector.  The tracker is produced by Peach Factory in partnership with KPMG, UBS and the Coffer Group monitor performance across the UK eating and drinking-out sector.

 

Outlook for the Leisure M&A Market

Richard Hathaway, head of travel, leisure and tourism at KPMG Europe LLP, comments on the leisure landscape for 2009 and any likely M&A activity.