Patrick Whyte

Cheap fuel is keeping the European aviation market competitive, which presents something of a challenge to strong, established carriers like EasyJet and Ryanair. We'll probably have to wait until next year for any kind of shake-up.

While Rezidor is still suffering from the impact of terrorism, its outlook is likely to improve if and when it is taken over by Chinese conglomerate HNA Group, which would undoubtedly help it capture a bigger slice of the tourism market.

While it's good news for Greece that bookings are on the rise, the struggle to find value in Spain shows just how difficult a summer it might be for European tour operators. Thomas Cook's cautious outlook hints at gloomier times ahead.

The likes of Thomas Cook and Tui Group should be wary of Commissioner Margrethe Vestager, who in the past has taken on Google and Apple. Should she find anything amiss there is the potential of a sizable fine and a revamp of their practices.

With so many new aircraft coming onboard, Norwegian was always going to have to cast its eyes further afield for new destinations. Air fares between Europe and South America tend to be on the pricey side, so Argentina is a sensible place to start shaking things up.

Tourism associations are already up in arms about the plans but there is no guarantee that the UK government will hand over the power to implement a tax. Other popular cities operate similar levies and a small fee isn't going to put anyone off traveling to London.

While the first quarter figures point to an airline ticking along nicely, the outlook remains fairly gloomy, especially as no one really knows how big an impact the UK's protracted departure from the European Union will have on the economy.

The Prime Minister’s speech was her most significant yet on the subject of Brexit. It gave a clear indication of how the UK would look to leave the European Union, allowing us to analyze how this might affect the travel and tourism industry.

Despite being the world’s largest tourism market, there’s a sense that things are changing for Europe. While other regions are catching up, Europe is going through a period of upheaval. The specter of terrorism, the destabilizing Brexit vote, and upcoming elections all mean that 2017 is going to be a pivotal year.

While plenty of European travel companies have struggled to cope in a difficult operating environment, On the Beach has prospered. In an uncertain world, its flexible approach to holidays means that it is able to take advantage without some of the risk that others face.