Cheltenham-based Cities Direct has closed within the wake of the Covid-19 pandemic.
The information was introduced earlier by Martyn Sumners, government director of AITO, following consultations with managing director, Jace Fast.
Sumners defined: “Cities Direct had been a member of AITO for almost 9 years and had traded for 20 years.
“The corporate had full monetary safety in place through the CAA, ABTA and IPP.
“Understandably, within the present very troublesome buying and selling local weather, they noticed a scarcity of client demand and felt that they’d be throwing good cash after unhealthy in the event that they battled on and borrowed cash.
“At AITO, we’re vastly sorry in regards to the demise of Cities Direct.
“Jace and his group might be missed, and we want them properly for the long run, no matter they every resolve to do as people.”
Cities Direct was launched in September 2000.
An announcement from the corporate stated: “We now have had an unbelievable 20 years growing and rising Cities Direct in an ever-evolving trade.
“We now have very a lot loved the expertise, and want to thank our workers, journey trade companions and lots of loyal prospects for all their assist over time.
“We had so many thrilling plans for the way forward for the enterprise, however the impression of Covid-19 journey restrictions has been devastating.”
Sumners stated the failure ought to immediate authorities motion to assist the journey sector.
He added: “In such problematic occasions, whereas AITO battles to convey to the numerous authorities departments to which we report the myriad issues that our SMEs are encountering – with out a lot in the way in which of response or help to this point – this can be a clear indication of the determined straits that many previously vibrant firms discover themselves in, by no fault of their very own.
“We hope that this primary AITO Covid-19 casualty alerts clearly to authorities that the numerous U-turns it has taken over the previous six months have severely shaken client confidence in the case of reserving abroad holidays.
“Your entire outbound journey market is underneath intense stress.
“We’d like authorities assist to allow us to outlive and to proceed to pay our regular huge quantities of tax into the exchequer for the better good.
“The choice is simply too miserable for phrases.”