Delta, the Merseyside-based travel agency consortium, announced its own holiday guarantee scheme for summer 1975 that would refund money to clients in the event of a tour operator collapse.The company had bought Regency Travel and Wayfarers earlier in the year. Wakefield Fortune took over Aubrey Morris’s 27-branch retail chain Travex Tours after lengthy negotiations.Meanwhile, CAA chairman Christopher Chataway said collusion and price fixing still ruled the airline industry despite deregulation in 1992.Airtours was expected to slow down the expansion of its Going Places retail chain after acquiring 40-outlet southwest miniple Winston Rees, which brought its network to 605 branches.
It deliberately held off calling Best Travel’s bond for two months until fewer people were abroad to minimise disruption. The CAA announced that large operators on the verge of collapse would not be allowed to collapse in peak summer or winter months.It owed £19 million to 160 hoteliers and apartment owners in Cyprus and £6 million to Greek hoteliers. It failed on November 29 with 40,000 bookings to Cyprus and 20,000 to Greece for summer 1995.
Hoteliers in Cyprus and Greece were thought to be owed £25 million by collapsed operator Best Travel. It sought to work with existing agents who wanted to open their own agencies. Meanwhile, Barrhead Travel revealed plans to expand outside Scotland by offering franchise agreements across the UK. Operators feared a “VAT nightmare” under new EU rules coming into force in January 2010 which meant operators buying hotel stock, transport or activities had to register and account for VAT in the country where the product was located. It said it would make Peltours, Amathus Holidays and Preston Holidays available on viewdata from January 2010. Preston Travel Group pledged to continue investment in the trade after buying Peltours. Homeworking companies turned to their local communities to replace calls lost by the wind-down of Teletext’s analogue service, officially due to be switched off in September 2010. “While this ruling comes after these firms have been placed in liquidation, we hope the decision will make it easier for people to get their money back for a cancelled holiday in the future.We take a look through the Travel Weekly archives in our 50th year to find out what was making the headlines 10, 25 and 45 years ago. Once completed, it will review the submission and address the next steps within 21 days.Īndrea Coscelli, Chief Executive of the CMA, said: “This should be a wake-up call to any business that thinks that it doesn’t need to honour customers’ refund rights. The CMA welcomed the court ruling, saying it wanted to “ensure people can book package holidays with confidence, knowing that their legal rights will be respected if their holiday is cancelled due to unavoidable circumstances outside their control.”Īs Truly Holdings and its subsidiaries are liquidated, customers with outstanding refunds need to submit a claim to the Travel Trust Association (TTA), which is now responsible for these claims.Ĭlaims to the TTA can made on its website and claimants will need to provide proof of payment details, which includes credit card or bank statements. 
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