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Article: Small travel agencies stop operating.
- Article from:
- South American Business Information
- Article date:
- March 20, 2002
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Argentina, Mar 20, 2002
The conflict between travel agencies and airline companies, added to the effects of the devaluation of the Peso is creating a difficult situation for many travel agencies and it is causing a concentration of this market in Argentina. Small travel agencies cannot continue operating on their own because of the high costs, said Gustavo Sola, Manager of Viajes Corporativos of Grupo TTS Viajes. TTS Viajes is a product of the merger of Scotland Travel, Mundus, Traveltime and Twin Travel, which altogether turn ...