Northern-based Specialist Leisure Group (SLG) which operated Shearings, National Holidays, Wallace Arnold Travel, and a string of hotels branded Bay Hotels has gone into administration with the loss of 2,500 jobs. This follows the cancellation of 64,000 bookings
Travel trade organisation ABTA said the coronavirus pandemic had meant it struggled to issue thousands of refunds for cancelled holidays and the inevitable drop off of new bookings.
In a statement, SLG chief executive Richard Calvert said: "This is a terribly sad day for employees, customers and commercial partners of the Specialist Leisure Group and its subsidiaries which have entered into administration.
"The effects of Covid-19 on our 117-year-old company and the wider travel industry have been devastating.
All package holidays are financially protected so customers who have booked will receive a full refund.
Anyone with a package holiday including a flight can claim their money back through Atol, which is operated by the Civil Aviation Authority.
Customers with hotel-only bookings are advised to contact their credit or debit card provider in a bid to retrieve their money.
Coach packages are protected by the Confederation of Passenger Transport.
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