Four UK travel companies have ceased trading in 2026, leaving holidaymakers with cancelled bookings and financial losses unless protected by ATOL. The collapses come amid rising jet fuel costs linked to the Iran crisis and global travel uncertainty.
Regen Central Ltd went into liquidation in January, cancelling all holidays without refunds. The Hertfordshire-based firm lost its ATOL protection on January 13. The Civil Aviation Authority confirmed it had no outstanding ATOL-protected bookings, noting that accommodation-only, non-flight, or flight-only bookings are not covered.
Gold Crest Holidays, a family-run West Yorkshire coach operator, ceased trading on January 23, citing rising costs, the COVID-19 pandemic, and challenging trading conditions. All future departures were cancelled. The company stated that ABTA would handle refunds and assistance for affected customers.
Asiara UK, formerly Haivenu Tours, stopped trading on January 21. The Ipswich-based firm, which offered packages to Asia, had no future reservations at closure, so no existing bookings were affected. It was dissolved via voluntary strike-off on January 23.
Simply Florida, a Glasgow travel agency, ceased trading on January 20. The company arranged trips to Disney parks, New York, Niagara Falls, Toronto, and cruises. As it was ATOL protected, customers with existing bookings should be entitled to full refunds.
