SRV: Swiss travel agencies facing ‘high pressure on margins’ despite average turnover growth in 2017

    Swiss Federation of Travel Agents (SRV) stated (13-Sep-2018) Swiss travel agencies “slightly increased” average revenue by 3.3% year-on-year to CHF2.84 million (EUR2.5 million) in 2017, following declines in 2015 and 2016. SRV however stated “major challenges and high pressure on margins” remain. [more – original PR – German]