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Analysis: Postcards from the Land of Dashed Hopes: Travel and Tourism Wish You Were Here ; This Was Supposed to Be the Year When Leisure Bounced Back, Writes Abigail Townsend. but Darkness Has Descended

By: Townsend, Abigail | The Independent on Sunday (London, England), March 28, 2004 | Article details

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Analysis: Postcards from the Land of Dashed Hopes: Travel and Tourism Wish You Were Here ; This Was Supposed to Be the Year When Leisure Bounced Back, Writes Abigail Townsend. but Darkness Has Descended


Townsend, Abigail, The Independent on Sunday (London, England)


For a sector that is all about life's pleasures, there has not been much to smile about in the leisure industry. Starting with the 11 September attacks, hoteliers and travel companies have endured an unprecedented series of blows: a global economic slump; wars in Afghanistan and Iraq; bomb attacks in Bali and Turkey; the Sars pandemic. It has led to a slump in travel - both in the leisure and the higher-spending business segments - heightened security, nervousness and weakened investor sentiment.

But all that was meant to change this year. Conditions had started to pick up in the second half of 2003 and, with the global economy moving forward again, 2004 was to be a time …

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