The changing travel industry... in Europe {Gadling}

Sep 15th 2008 6:54PM We run a magazine site where we have a spain hotel review section http://www.in2town.co.uk and as such we have been receiving a huge amount of emails because of our hotel review section. This is due to the recent news of xl going bust and other travel companies going bust. People are very worried about booking a holiday with travel agents and those people who booked through the internet are now concerned that if anything happens to their travel agent that they will not be covered. What I cannot understand is why the larger companies are not making a public statement to put peoples minds at rest. If nothing is done by the other travel agents then their profits will go right down due to their potential customers being to scared to book holidays.