The UK's leading travel agencies have fallen into anxiety after losing essential accreditation, and have caused anxiety in countless villas over the cancellation of potential summer holidays. Those who smoked when yet another budget tourism provider was lost, described such an option as a false economy, saying “cheap, pay twice.”
Great Litre Escape is a Berkshire-based travel agency known for offering a range of holiday packages, from adventure holidays to relaxing spa holidays, beach holidays, urban breaks, adults to fun family resorts, and is now losing ATOL certification. The company is clearly separate from the like-named Great Little Breaks and has no connection to them.
My long-standing travel advice was to always book using a credit card so that if the company you booked your vacation booked in your bust, you won't be left out of your pocket, but more than 100 UK customers are currently facing a losing out on their trip abroad. Another angry holiday maker said, “I feel sorry for those who lose their holidays, but then again, they took their chances to get a clear, cheap deal.”
They added: “Atol is not protected, so there's no way to get back money unless you pay with a credit card.” Indeed, in the wake of the company's collapse into bankruptcy, authorities are asking travelers to refrain from filing claims while further information about the Great Little Escapes business is being matched.
The authorities also provided clear instructions to relevant travel agents, saying:
“Travel agents will be contacted individually by the CAA with specific instructions for these bookings.”
This latest breakdown in the travel agent industry will shake up confidence in search of future holidays so that you can spend more abroad in search of the lowest prices. However, as one social media user advised, some people say, “It's better to book with a big travel agency. It's more expensive, but…”
This unfortunate news comes just a month after another British travel agency collapsed and left thousands of people in holiday arrangements.
Jetline Travel, the London-based Jetline Travel and Jetline Cruise parent company founded in 2000, stopped trading as ATOL owners in March. As reported by TTG, the company is currently taking part in management.
Financial recovery specialist Alan Clark of Carter Clark and Neil Bennett of Leonard Curtis, a restructuring and bankruptcy company, were appointed on March 28th.
Management is a process that arises when a company is unable to meet its debt obligations, leading to the appointment of an authorized insolvency practitioner. This expert will restructure the business, negotiate with creditors, sell assets, settle debts, and settle the business.
Over 25 years of operation, Jetline Travel has taken hundreds of thousands of travel vacations. Over the last quarter century, the company has traded under several other names, including slow bargain holidays, best priced holidays, cruises, elegant holidays, our best holidays, and saving the sun.