Today, the Travel Trust Association revoked the membership of Travel giants, Teletext Holidays and Alpharooms. Due to this, both have entered liquidation i.e. the companies have run out of money and any funds left need to be used to pay its debts.
This will leave over 4,000 holidaymakers affected since many still await refunds from cancellations and delays caused from the COVID outbreak.
Based on the UK Governments insolvency database, the parent company to both firms, Truly Holdings, has ceased trading. It is understood that Edge Recovery and Insolvency Practitioners, Robert Cundy and Bijal Shah, were hired to manage through the process.
It is understood that Teletext Holidays have stopped taking further bookings but will honour current and existing holidays.
Flights are ATOL protected.
If the firm goes bust, according to the TTA, you can still go on holiday as planned or can receive a full refund, ATOL covered.
As for Alpharooms, any future bookings will not be fulfilled or valid. A refund can be claimed, if not offered already. Proof of payment and reference numbers will be required. Be prepared to wait around 12 weeks for processing.