Rising costs are putting pressure on the industry
Holidaymakers have been left with cancelled bookings and ruined plans as four travel companies have collapsed in the first few months of 2026. There are fears more holidays could be ruined this year as prices soar, businesses feel the pressure and jet fuel supplies dwindle in the face of the war in Iran.
In January, Regen Central Ltd went into liquidation and cancelled all holidays without issuing refunds. Then on January 23, coach operator Gold Crest Holidays announced it would cease trading, shutting with immediate effect. All trips and packages were axed. The family-run…