Is Hays Travel Going Out of Business?

By Anna Duncan

The UK travel sector is facing an uncertain future due to the coronavirus pandemic, and Hays Travel has been one of the hardest-hit companies. The company, which is one of the largest independent travel agents in the UK, has announced that it could go out of business unless it receives support from the government.

The news comes after months of difficulty for the industry, with many airlines and travel agents affected by the restrictions imposed to limit the spread of Covid-19. Hays Travel had been able to remain afloat until now by taking advantage of government furlough schemes and other measures, but it now faces an uncertain future.

The company has warned that without additional support from the government, it will be forced to close down its entire network of over 800 high street shops and more than 3,000 staff across England, Scotland and Wales. This would mean a devastating hit for both customers and employees alike.

Hays Travel’s chief executive John Hays says that he is “desperate” for help from the government in order to keep his business afloat. He has urged ministers to provide additional financial assistance in order for them to survive this crisis, as well as a relaxation of restrictions on international travel so that they can resume operations as soon as possible.

It remains to be seen if Hays Travel will be able to survive this difficult period. The company is making a last-ditch effort to stay afloat by appealing directly to ministers for financial help, but whether they will receive sufficient support remains uncertain.

In conclusion, while Hays Travel is making every effort possible to remain operational, its future is far from certain at this time. It may yet receive additional support from the government which would enable them to remain in business – however without such help they may be forced into closure.