Tour Operators and Travel Agents

Discussions regarding Tour Operators and Travel Agents
Reply
There may be other companies with similar trading names. The web address of the company in question is http://www.dreamholidaysltd.com/

Further information for customers is now available from the CAA:
http://www.caa.co.uk/application.aspx?catid=27&pagetype=65&appid=9&mode=detail&nid=2016

David :wave
Reply
More than 2,000 holidaymakers hit by Dream Holidays collapse

Some 1,800 clients have lost their holidays following the collapse of Greece and Cyprus specialist Dream Holidays.

The Civil Aviation Authority confirmed they would be refunded under the company's ATOL but they will not be able to take holidays booked through the tour opertor which ceased trading today.

Dream Holidays had a bond for £265,000.

A further 525 customers were abroad when the company announced it's collapse. The CAA said they would be able to complete their holidays and fly home as planned, but it admitted some would have to pay again for their accommodation and claim refunds on returning home.

A spokesman for liquidators Alexander Lawson Jacobs said all five or six employees had been made redundant and there was no possibility of the business being sold.

The demise of Dream Holidays, which was launched just over a year ago by former Libra Holidays boss Akis Kyprianou, follows the financial failure of Gill's Cruise Centre last week.

Rochelle Turner, Head of Research for Which? Travel, said: "This is yet more bad news for UK holidaymakers and the travel industry. Dream Holidays is the second travel firm to go into administration in just four days, and the most recent in a long list of travel companies that have suffered as a result of the economic downturn."

Owner Kyprianou blamed fierce price competition from rival operators and tough trading conditions over the past month for the company's fate.

With permission from Travelmole
Reply
Holiday Truths Forum

Post a Reply

Please sign in or register an account to reply to this post.

Sign in / Register

Holiday Truths Forum Ship image

Get the best deals!

from our cruise, ski and holiday partners

You can change your email preferences at any time.

Yes, I want to save money by receiving personalised travel emails with awesome deals from Holiday Truths group companies which are hotholidays.co.uk,getrcuising.co.uk and getskiing.co.uk. By subscribing I agree to the Privacy Policy

No, thank you.