News

THOMSON has made the controversial move to introduce nil deposits at all Lunn Poly outlets as operators step up offers to stimulate demand.

Lunn Poly’s decision to step up its regional nil deposit offer is seen as risky because of potential cancellations and more stock being left to sell in the lates market.

But TUI UK retail director John McEwan defended the offer, which has a deadline for payments by mid-March.

As the market shows signs of a pick-up, operators reported better sales in the midlands and north than in the south.

Overall the market is still trading 15%-16% down for January.