Lonely Planet Announces Layoffs Amidst Recession

lonelyplanet

It seemed just about inevitable, but with travel down as considerably as a lot ten% in components of the globe and probably to erode additional, every person in the market is facing cutbacks, and this contains Lonely Planet, which lately sent out this announcement to its workers announcing 40 “redundancies” (that’s British for receiving axed) as guidebooks and advertising income plummets. As CEO Stephen Palmer explains, “It’s not you, it’s them”:

Lonely Planet continues to out-carry out the industry and create share, but the market has slumped. Even the most optimistic forecasts do not predict any sustained recovery until 2010 at the earliest, and even then it is most likely to be slow and patchy. The UN Planet Travel Organisation forecasts that total outbound travel will fall 2% in 2009, but in our core markets they predict a fall by as a great deal as ten% from the US, five% from the UK and two% from Australia. It has become clear that this financial scenario is unprecedented, it will not just be a blip and we will need to adjust our costs so we can manage by means of these hard instances.

Here’s hoping issues turn about soon and travel-junkies about the world are in a position to as soon as once more join the ranks of the functioning class and get paid to do what they know and like most.

Comments

Post a Comment

Popular posts from this blog

Surfing Muizenberg Beach Around Cape Town

Image
Muizenberg Beach in Cape Town Cape Town, South Africa What’s it like surfing Cape Town’s Muizenberg Beach in the winter? Not as cold as I thought it would be! My surfing road trip update from South Africa. After two weeks of intense surfing in Cape Town, I’m already seeing a huge improvement in my technique. The surfing at Muizenberg has been a lot of fun, with plenty of waves for everyone to practice on. In fact they never seem to stop! This is the reason why Muizenberg Beach is considered by many to be one of the best places in the world for learning how to surf. Warming Up with Instructors TK and Nikita Surfing At Muizenberg My surf adventure began in Cape Town, where I spent 12 days surfing on and off with instructors. We learned how to paddle into waves, proper positioning to catch them, how to pop up onto the board, correct stance, the basics of turning, and how to stay safe. The abundant practice time really helped me improve. We’d usually hav...
Read more

Most Beautiful Tourist Spots in Peru

Image
Peru is a unique travel destination in South America. Culture, history, adventure, exquisite cuisine and more, all combined provide a broad spectrum of reasons why one should definitely plan a visit there. From the coast to the Andes and the jungle, there are countless places that will leave you in awe. And exactly that makes planning vacation in Peru so difficult: Where to start? First, check out Peru´s capital: Lima or go straight to the Amazon! But you definitely also want to see Machu Picchu while you are there, is it better to start with it in case you run out of time or save it for last? Here are some things that you cannot miss while your stay and that might help you organize your tours in Peru .   The Peruvian Coast     When traveling by plane to Peru, you will most likely first arrive in Lima. Instead of taking a connecting flight, take your time to explore the vibrant city, it has a lot to offer. It has a beautiful historical center with the best museums ...
Read more

Adelaide to Cairns Drive Itinerary – via the Great Inland Way

Image
The Adelaide to Cairns drive is not your obvious Australian road trip. When I told people that I’d decided to drive 3,000 kilometres through the Australian outback on my own, 98% of them thought, to put it politely, that I’d lost the plot. I thought I’d lost it a long time ago, but admittedly driving from Adelaide to Cairns alone was certainly one of my more hairbrained schemes. The main reason for my Adelaide to Cairns drive was to do the staple ‘backpacker in Australia’ thing – chase the sun. Arriving in temperamental Adelaide after so long in the tropics was a shock, and rather than travel to Melbourne and up the east coast, ending my Australia trip in Cairns, I wanted to fast track straight to the heat and drive straight up to Tropical North Queensland. The world’s most pointless traffic light – there were no crossroads or roadworks, and at this point I hadn’t seen a car for about 2 hours. The things you find in the outback… Then I started researching t...
Read more