British travel businesses are having a rough time – with several prominent companies going bust in recent months.
And with jet fuel prices soaring and international travel mired in uncertainty, it’s reasonable to assume that many more face the same fate.
When these companies collapse, bookings are cancelled and holidaymakers can be left out of pocket if their packages fall outside ATOL protection coverage.
In April 2025, Balkan Holidays, which had been trading for nearly 60 years, shut down, meaning those who had booked to visit countries such as Croatia, Montenegro, and Malta saw their trips cancelled.
Two months later it was the turn of Great Little Escapes,…