Tucan Journey has ceased buying and selling because the downturn in journey following the Covid-19 pandemic continues to take a toll on the hospitality sector.
The corporate operated group itineraries within the Americas, Asia, Africa and Europe in addition to a tailored division, providing bespoke excursions in Latin America and Asia.
Martyn Sumners, govt director of AITO, stated: “Matt Gannan had been in enterprise for 34 years – since 1987 – and joined AITO 11 years in the past.
“He was on council from 2016 – arising for 5 years – and was thus a director of AITO till at this time.
“Matt put numerous effort into discovering options for AITO members whereas he was on council, and we will miss his enter significantly.”
Tucan Journey suspended its tour operations in March final yr and tried all through this troublesome Covid-19 state of affairs to take care of each employees and prospects’ wants, however has now needed to admit defeat.
Gannan added: “We’ve needed to make many employees redundant over the previous ten months in an effort to maintain the corporate alive; most of them had been loyal, long-serving employees with households to help.
“Sadly, this example now extends to all employees, which is devastating.
“With purchasers wishing to obtain instant full refunds of cash paid prematurely to safe many providers on their behalf, and smaller abroad accommodations and repair suppliers not having the assets to repay what’s owed to tour operators till they’re able to reopen their companies and earn cash once more, the additional powerful lockdowns have pressured us – with a heavy coronary heart – to position the corporate into administration.
“I want to thank all purchasers, suppliers and employees for his or her help over a few years and hope that every one of you get to get pleasure from travelling once more sooner or later.”
Roughly 700 prospects’ journey preparations will likely be affected by the demise of Tucan Journey – holidays that had been booked within the UK and in Australia.
The worth of those bookings is circa £850,000, and it is going to be coated by the corporate’s CAA ATOL and ABTOT bonds.
