Student travel agency STA Travel has filed for insolvency, becoming the latest tourism business to fall victim to the global COVID-19 pandemic.
The iconic youth-focused travel advisor chain went into external administration on Thursday, with Consumer Protection today issuing advice for customers who were still owed money by STA Travel.
At its height STA Travel, founded by two Australian backpackers in Melbourne in 1979, had 70 retail stores across Australia alone.
By this year, it had shrunk down to 35 shops.
STA Travel was originally an acronym for Student Travel Australia, however, the well-known travel agency later branded and became Student Travel Association and Start The Adventure.
In a statement its Swiss-based parent company S…
Read the full article at: https://thewest.com.au/business/student-travel-agency-sta-travel-files-for-insolvency-as-covid-19-pandemic-claims-latest-victim-ng-b881645701z