EY to Oversee Insolvency of Specialist Leisure Group

Businesses centring on travel and hospitality have endured a nightmare start to 2020. With the global outbreak of coronavirus, and the international lock-down ushered in to slow its spread, every aspect of the leisure sector has been battered by Covid-19-related headwinds, Consultancy.uk reported. In the airline segment for example, 700 of Lufthansa’s fleet of 760 planes have been grounded amid the coronavirus lock-down, with the number of passengers falling by 99%. Meanwhile, UK hotels have been ordered to close their doors to new guests – leaving many already struggling companies with no choice but to appoint administrators. Headquartered in Wigan Specialist Leisure Group offers escorted coach tours, short breaks, events and river cruises throughout the UK, Europe and worldwide for the over 50s. Read more