• Terms and conditions
  • Privacy Policy
Sunday, June 28, 2026
Informed American Today
No Result
View All Result
  • Politics
  • Business
  • Economy
  • Stock Market
  • Editor’s Choice
  • Politics
  • Business
  • Economy
  • Stock Market
  • Editor’s Choice
No Result
View All Result
Morning News
No Result
View All Result
Home Economy

24-year-old travel company files for bankruptcy, cancels trips

informedamericantoday by informedamericantoday
June 28, 2026
in Economy
0
24-year-old travel company files for bankruptcy, cancels trips

Travel is not the easiest industry in which to run a business in 2026.

Along with the high price of jet fuel hitting many smaller airlines, various travel agencies and other companies selling trips or organized tours are particularly affected by an economy in which many customers are either booking trips themselves or putting them off entirely.

READ ALSO

Michael Burry pulls back on massive Palantir short bet

Elon Musk, Tim Cook share warning on new crisis in America

The string of shutdowns has been particularly prominent in the United Kingdom. Companies that went bust over the last six months include British firms Salamander Voyages, Travel Bespoke, Regan Central and Jetline as well as Oxfordshire-registered cruise agency Set Sail Cruises.

Groupia travel agency enters administration and cancels all trips

The latest collapse first reported by the local press is that of Bath-based travel agency Groupia Ltd. Established in the ceremonial county of Somerset in 2002, Groupia sold group trips including stag and hen (the British term for bachelor and bachelorette) trips, sports tours and corporate spa and golf weekends.

The company also operated under names like Groupia Golf, GoHen, StagWeb, Groupia School Trips, and Company Away Days and marketed itself as an agency offering “the best” travel both domestically in the UK and to popular European holiday destinations like Split in Croatia and Prague in Czechia.

Related: Another luxury travel company declares bankruptcy, cancels all trips

The Groupia website now opens to a page saying that the company “entered administration on 16 June 2026” and has “ceased taking new bookings” for trips.

Administration is the British equivalent closest to Chapter 11 bankruptcy but without the opportunity to independently restructure; Nigel Fox and Christopher Marsden of S&W Partners LLP have been appointed as the joint administrators overseeing the insolvency process.

Groupia is based in the southwestern English town of Bath.

Getty

What to do if you booked travel with Groupia, how to get a refund

Through its insurance with travel protection company ABTOT, any trips scheduled to take off before August 31, 2026 are expected to go on as planned while travelers who booked trips beyond that date will need to go through ABTOT to receive compensation.

More Travel News:

  • Airline to launch unusual new flight to Cayman Islands from the U.S.
  • There is a very cool Irish version of swimming pigs in the Bahamas
  • Unexpected country is most luxurious travel destination for 2026
  • Low-cost airline launches easier way to get to Sri Lanka

The options are to either go through one’s credit card issuer (often the fastest option) or file for compensation through ABTOT portal.

According to numbers published by Groupia in the past, over 750,000 customers in southwestern England has used its company to book trips over the years.

Some other recent travel agency bankruptcies in 2026:

  • AVG Travels: The Melbourne-based travel agency selling cheap vacation packages to travelers in Australia and New Zealand sent more than 200 travelers an email saying that the trips were canceled before entering bankruptcy in May 2026.
  • GoPlay Sports: In April 2026, the men’s basketball team of the University of Dallas was left without a planned trip to compete in the United Kingdom after Boston-based GoPlay Sports Tours LLC accepted two payments of $30,000 and then went unreachable.
  • Havantur: Havantur was forced to shut down its main European office in France at the start of 2026 after tourist numbers to the Caribbean country plummeted due to U.S. military actions in Venezuela and threats against the country.
  • Vegas Vacations and North America Destinations: Two travel agencies in the Canadian province of British Columbia, Vegas Vacations and North America Destinations, were shut down by regulators within a few days of each other in January 2026 after multiple travelers complained of buying trips with invalid plane tickets and hotel bookings.

Related: 15-year-old travel company ends in bankruptcy, cancels all trips

Related Posts

Michael Burry pulls back on massive Palantir short bet
Economy

Michael Burry pulls back on massive Palantir short bet

June 28, 2026
Elon Musk, Tim Cook share warning on new crisis in America
Economy

Elon Musk, Tim Cook share warning on new crisis in America

June 28, 2026
Ryan Cohen passes on GameStop payday to keep pushing one acquisition
Economy

Ryan Cohen passes on GameStop payday to keep pushing one acquisition

June 28, 2026
Top economist delivers blunt Fed rate warning for 2026
Economy

Top economist delivers blunt Fed rate warning for 2026

June 28, 2026
Another plane company enters bankruptcy, will liquidate
Economy

Another plane company enters bankruptcy, will liquidate

June 27, 2026
AMC makes bold call that sends its stock crashing
Economy

AMC makes bold call that sends its stock crashing

June 27, 2026
Next Post
Elon Musk, Tim Cook share warning on new crisis in America

Elon Musk, Tim Cook share warning on new crisis in America

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Disclaimer: InformedAmericanToday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Categories

    • Business
    • Economy
    • Editor's Pick
    • Politics
    • Stock Market

    Recent Posts

    • CZ Points to AI, Geopolitics and Market Cycles Behind…
    • SecondFi Sets Two-Week Timeline to Return Assets After…
    • Tether Moves to Monetize $23 Billion Gold Reserve Through…
    • BlackRock’s Crypto Investors Face 40% Loss as Bitcoin ETF…
    • Terms and conditions
    • Privacy Policy

    Copyright © 2026 informedamericantoday.com | All Rights Reserved

    No Result
    View All Result
    • Politics
    • Business
    • Economy
    • Stock Market
    • Editor’s Choice

    Copyright © 2026 informedamericantoday.com | All Rights Reserved

    No Result
    View All Result
    • Politics
    • Business
    • Economy
    • Stock Market
    • Editor’s Choice

    Copyright © 2026 informedamericantoday.com | All Rights Reserved