What’s interesting is that both companies highlight similar challenges. They are blaming the hot European weather from summer 2018, destination-specific challenges in places like the Canary Islands as well as problems in the key UK market, stemming from Brexit. […] From what both companies are saying it’s clear that the overall European holiday market is in bad shape, especially for traditional tour operators. It therefore seems likely that we’ll see some form of consolidation over the coming months.Patrick Whyte (Skift)