Brits face more holiday cancellations into summer as huge travel company goes bust

MULTIPLE holidays have been canceled after one of Europe’s biggest tour operators collapsed.

Earlier this month, tour operator FTI went into administration.

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More holidays have been canceled after one of Europe’s biggest tour operators collapsedHotels across Europe are affected by cancellations

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Hotels across Europe are affected by cancellations

This has affected Youtravel, the UK-based bed bank used by package holiday companies such as Loveholidays, as well as Meeting Point.

Youtravel.com initially confirmed that all bookings until June 11 have been cancelled. It was later extended until July 5.

They have now confirmed that the holidays until July 26 are canceled.

Youtravel said: “Over the past three weeks, our board has been actively working with the appointed administrator of FTI Group and going through the merger and acquisition process to secure our future,” Youtravel said.

“While we hope for a positive conclusion to these talks soon, we have taken the difficult decision to cancel all bookings up to and including July 26, 2024.

“We understand the inconvenience this may cause and sincerely apologize for any inconvenience.”

As many as 30,000 hotel bookings at resorts in Cyprus are thought to have been affected, with 30 resorts in Spain also affected.

Holidays across Malta, Morocco and Turkey also face cancellations.

The main UK tour operator affected by the cancellation is Loveholidays.

At the beginning of this month, tourists were left without hotel rooms on vacation or were forced to pay for their vacation again.

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Annie Cox, 24, was forced to pay another £900 when she arrived on holiday at the Labranda Targa Club Aqua Parc in Morocco.

She said: “They let us check in and then kicked us out of our room, cut off our wristbands and left us to rot in reception for seven hours.”

Another passenger said they were forced to pay an extra £1,500 as a hotel night cost £200.

However, a spokesman for loveholidays previously told Sun Online Travel that a “small proportion” of holidaymakers had been affected and that they would be in touch to offer alternative accommodation.

How does the FTI collapse affect the British?

The Sun’s travel manager Lisa Minot explained what this means for British holidaymakers.

“The collapse of Germany’s third largest tour operator may not at first seem like something to worry British tourists about.

“But many of the group’s subsidiaries included a UK-based bed bank called youtravel.com – this company would be used by UK travel agencies like loveholidays.com to organize holidays.

“Called dynamic bundling, travel agents would match youtravel.com accommodation with flights.

“Any dynamic package should have ATOL protection since the travel agency is selling you flights and one more element, in this case hotels.

“Many UK travelers will also have no idea their journeys are affected as travel agents like Loveholidays would pack youtravel.com hotel rooms with flights.

“For all those affected, the situation could be serious as finding alternative hotel accommodation at this busy time of year will be a challenge.

“Travellers in the UK should take out very good travel insurance and check the ATOL certificate they are required to obtain by law when they buy a package deal with a tour operator or travel agent.

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They said: “We are very sorry to hear of the insolvency of FTI Group, the parent company of our accommodation and transfer partners youtravel.com and Meeting Point.

“Only a small proportion of our customers are affected by this news and we are working hard to ensure there is no disruption to their holidays.

“This is a rapidly evolving situation, so we will stay in touch with affected customers as the situation progresses and are very sorry for any inconvenience.”

They added: “We are aware that a small number of hotels ask our customers to re-pay for their rooms.

“Loveholidays is absolutely committed to covering these costs and we are working with affected customers and the hotels involved to ensure this happens.”

Loveholidays is ATOL protected, which means that anyone forced to pay extra for their holiday will get a refund.

Here’s what to do if you ever find your flights cancelled.

Some Britons were forced to shell out thousands, and were left without hotel rooms

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Some Britons were forced to shell out thousands, and were left without hotel rooms

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