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The travel industry predicts significant number of bankruptcies

It is disastrous for the Danish leisure travel to Denmark advises against travel to the entire world in addition to Germany, Iceland and Norway.

It's going to go extremely hard in addition to travel agents, says the director of the charterarrangørernes trade association, tour Operators in Denmark, Henrik Specht.

on Friday, announced the Ministry of foreign affairs, to advise against all non-necessary travel until the 31. august. Travel to Germany, Iceland and Norway, however, will be possible from 15. June.

And thus it becomes impossible for the Danish travel companies to send the danes against the major tourist destinations in for example Southern europe throughout the summer.

- the Problem is huge. Now we have had almost three months where we have not been able to send travelers out on a holiday. Now comes the high season, and this is where the industry needs to earn his money to keep the operation going, and the option to be excluded now.

- an Announcement yesterday came as a shock to all of us. It was no one had reckoned with, says Henrik Specht.

He expects a large number of bankruptcies among tour operators, if not the industry from the political side to get even a helping hand.

- I expect a double-digit number of bankruptcies. It can be from 10 to 99, I am aware of that, but I would think it will be in the high end, says Henrik Specht.

12. may got the travel guarantee fund, among other things, a political deposits of 600 million dollars, which will go to cover package holidays, which was canceled as a result of coronakrisen forward to 13. april.

in Addition, there were added a further 125 million to upholster the box.

But the travel industry will now need even more financial help from the government and Parliament, says Henrik Specht.

- We have received a bailout, and we are happy. It was already a difficult task, but what we are facing now, has a completely different character.

- When you shut a whole industry down in half a year, it will require an extraordinary effort, if you want to hold your hand during the industry, says Henrik Specht.

on Friday, the government announced that from 15. June can once again travel to Germany, Iceland and Norway, just like citizens from the three countries can travel to Denmark.

however, It does require that they at least have booked six nights outside of Copenhagen.

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