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THE owner of collapsed tour operator Tapestry Holidays has warned
niche operators fully committed to flights and bed stock could soon
find their business models unworkable.
Nick Wrightman blamed Tapestry's failure on its 100% commitment
to beds and flights each season, as well as concentrating too
much capacity in certain destinations.
Fighting back the tears, Wrightman said he is battling to keep
hold of the Chiswick home he shares with wife Viv, a Tapestry
director and company secretary, and 22-month-old daughter India.
Viv is pregnant with the couple's second child, due in February
2007.
More operators could soon face a similar fate to Tapestry, he
predicted
[17 August 2006] For full article click here
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