Since I last posted we've sold our dating business to Easydate to concentrate on Singles Travel. This is good because it allows us to focus but also scary because the steady income of our dating business has been replaced by the more cyclical income from our travel business.
We had a very successful singles ski holiday season overall but learned a few tough lessons along the way. We had too much capacity in January which proved expensive. We were also badly hit by the loss in value of the pound against the Euro. The pound fell a whopping 16 percent in about six months which, unsurprisingly has had a very negative effect on our margins.
Thursday, 24 April 2008
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