Britons are facing holiday cancellations into the summer as a major travel company goes bankrupt

MORE holidays have been canceled after one of Europe’s biggest tour operators went bankrupt.

Earlier this month, tour operator FTI went bankrupt.

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More holidays have been canceled after one of Europe’s biggest tour operators went bankrupt
Hotels across Europe have been affected by the cancellations

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Hotels across Europe have been affected by the cancellations

This had consequences for Youtravel, a British bed bank, and for Meeting Point.

Youtravel.com initially confirmed that all bookings until June 11 had been cancelled. This was later extended until July 5.

They have now confirmed that holidays are cancelled until July 26.

Youtravel said: “Over the past three weeks, our management has been actively working with the appointed administrator of the FTI group and undergoing the merger and acquisition process to strengthen our future,” said Youtravel.

While we hope that these discussions will reach a positive conclusion soon, we have made the difficult decision to cancel all bookings through July 26, 2024.

“We understand the inconvenience this may cause and sincerely apologize for any disruption.”

As many as 30,000 hotel bookings are believed to have been affected at resorts in Cyprus, while 30 resorts in Spain have also been affected.

Holidays all of Malta, Morocco and Turkey are also facing cancellations.

The main tour operator in Britain affected by the cancellations is Loveholidays.

Earlier this month, tourists were left without a hotel room during their holiday, or had to pay for their holiday again.

Flight canceled or delayed? Top tips for dealing with travel disruptions

Annie Cox, 24, was forced to pay a further £900 when she arrived at Labranda Targa Club Aqua Parc in Morocco on holiday.

She said: “They let us check in and then kicked us out of our room, cut off our wristbands and left us to rot in reception for seven hours.”

Another holidaymaker said they had to pay an extra £1,500 as the hotel cost £200 a night.

However, a spokesperson for loveholidays previously told Sun Online Travel that a “small proportion” of holidaymakers were affected and would be in touch to offer alternative accommodation.

They added: “We are aware that a small number of hotels are once again asking our customers to pay for their rooms.

“Loveholidays is absolutely committed to covering these costs and we are working with affected customers and the hotels involved to ensure that this happens.”

Sun Travel has contacted Loveholidays for an updated response.

What consequences will the collapse of the FTI have for the British?

The Sun’s Head of Travel Lisa Minot has explained what this means for British holidaymakers.

“The collapse of Germany’s third largest tour operator may not at first appear to be something that will worry British holidaymakers.

“But the group’s many subsidiaries included a British bed bank called youtravel.com – this company is said to have been used by travel agents in Britain such as loveholidays.com to provide holidays.

“The travel agents, also known as dynamic packaging, linked accommodations from youtravel.com to flights.

“Any dynamic package should have ATOL protection as the travel agent sells you flights and another element, in this case hotels.

“Many British holidaymakers will also have no idea their travels are affected, as travel agents such as Loveholidays are said to have booked youtravel.com hotel rooms with flights.

“For all those affected, the situation could be serious as finding alternative hotel accommodation will be a challenge at this busy time of year.

“British holidaymakers should ensure they have very good travel insurance and check the ATOL certificate they are required by law to obtain when purchasing a package holiday from a tour operator or travel agent.

Loveholidays is ATOL protected, meaning anyone forced to pay extra for their holiday will be refunded.

Here’s what to do if your flights are cancelled.

Some Britons have been forced to spend thousands of money and are left without hotel rooms

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Some Britons have been forced to spend thousands of money and are left without hotel rooms

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