Thousands of travellers who booked holidays before the coronavirus pandemic are now in limbo after student travel agency STA went into administration.
Key points:
- All 27 STA outlets are “closed for the foreseeable future”
- Customers are being advised to contact airlines, hotel companies and banks about refunds
- The business employs 180 full-time employees
Deloitte joint voluntary administrator Jason Tracy said they were undertaking an “urgent assessment” of the company’s financial position and exploring whether a global restructure or business sale could be achieved.
“COVID-19 has brought the travel industry in Australia close to a standstill,” Mr Tracy said.
All 27 STA Travel stores across Australia will be closed for the foreseeable future.
